Lake Seminole Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 466,602 | 392,041 | 74,561 | 9.5 | 20% |
| 2020 | 427,500 | 457,126 | −29,626 | 7.4 | 18% |
| 2021 | 412,816 | 463,684 | −50,868 | 6.0 | 20% |
| 2022 | 527,966 | 665,292 | −137,326 | 2.1 | 15% |
| 2023 | 677,353 | 571,170 | 106,183 | 4.8 | 19% |
In its most recent public year (2023), this organization brought in $106,183 more than it spent. Its reserves stood at about 4.8 months of spending, down from 9.5 in 2019. Staff pay was 19% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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