Lake Support And Emergency Recovery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 387,442 | 451,952 | −64,510 | 0.9 | 28% |
| 2020 | 371,584 | 350,871 | 20,713 | 1.9 | 30% |
| 2021 | 215,326 | 214,805 | 521 | 3.2 | 49% |
| 2022 | 216,139 | 108,270 | 107,869 | 18.3 | 60% |
| 2023 | 583,120 | 499,850 | 83,270 | 6.0 | 15% |
In its most recent public year (2023), this organization brought in $83,270 more than it spent. Its reserves stood at about 6 months of spending, up from 0.9 in 2019. Staff pay was 15% of spending. $222,225 of its net assets are donor-restricted.
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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