Lakeland Association Of Realtors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 930,481 | 766,354 | 164,127 | 31.4 | 39% |
| 2021 | 1,043,502 | 772,177 | 271,325 | 35.6 | 35% |
| 2022 | 1,125,337 | 947,166 | 178,171 | 30.4 | 28% |
| 2023 | 1,244,877 | 1,012,136 | 232,741 | 32.4 | 28% |
In its most recent public year (2023), this organization brought in $232,741 more than it spent. Its reserves stood at about 32.4 months of spending. Staff pay was 28% 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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