Lake City Christian Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,917,202 | 2,035,304 | −118,102 | 4.8 | 42% |
| 2021 | 2,088,541 | 1,952,715 | 135,826 | 5.8 | 42% |
| 2022 | 2,628,112 | 2,317,984 | 310,128 | 6.5 | 35% |
| 2023 | 2,331,775 | 2,223,679 | 108,096 | 7.4 | 41% |
In its most recent public year (2023), this organization brought in $108,096 more than it spent. Its reserves stood at about 7.4 months of spending, up from 4.8 in 2020. Staff pay was 41% 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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