Lake City Board Of Realtors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 197,095 | 153,309 | 43,786 | 42.2 | 30% |
| 2021 | 261,222 | 169,368 | 91,854 | 44.7 | 27% |
| 2022 | 311,474 | 196,049 | 115,425 | 45.7 | 26% |
| 2023 | 66,916 | 220,925 | −154,009 | 32.2 | 27% |
In its most recent public year (2023), this organization spent $154,009 more than it brought in. Its reserves stood at about 32.2 months of spending, down from 42.2 in 2020. Staff pay was 27% 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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