Lakeshore Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,764,447 | 7,406,930 | −642,483 | 98.5 | 40% |
| 2012 | 20,871,480 | 7,719,546 | 13,151,934 | 103.8 | 43% |
| 2013 | 6,617,600 | 8,394,802 | −1,777,202 | 100.2 | 45% |
| 2014 | 8,134,054 | 9,062,587 | −928,533 | 95.0 | 47% |
| 2015 | 11,151,201 | 9,616,667 | 1,534,534 | 83.5 | 49% |
| 2016 | 11,122,547 | 10,361,309 | 761,238 | 80.2 | 48% |
| 2017 | 7,881,352 | 10,571,413 | −2,690,061 | 84.3 | 48% |
| 2018 | 14,219,099 | 10,535,987 | 3,683,112 | 92.8 | 49% |
| 2019 | 10,493,103 | 11,301,151 | −808,048 | 84.8 | 49% |
| 2020 | 11,970,986 | 11,598,670 | 372,316 | 84.8 | 52% |
| 2021 | 25,387,990 | 11,747,024 | 13,640,966 | 92.6 | 51% |
| 2022 | 11,018,309 | 12,031,462 | −1,013,153 | 79.0 | 46% |
| 2023 | 10,632,154 | 12,259,146 | −1,626,992 | 82.1 | 44% |
In its most recent public year (2023), this organization spent $1,626,992 more than it brought in. Its reserves stood at about 82.1 months of spending, down from 98.5 in 2011. Staff pay was 44% of spending. $583,504 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
Lakeshore Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works