Lake Family Resource Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,835,357 | 2,916,181 | −80,824 | 2.4 | 55% |
| 2012 | 2,226,414 | 2,523,739 | −297,325 | 1.3 | 57% |
| 2013 | 2,319,416 | 2,585,791 | −266,375 | 4.7 | 54% |
| 2014 | 2,057,271 | 2,202,985 | −145,714 | 4.7 | 58% |
| 2015 | 2,269,137 | 2,284,511 | −15,374 | 4.5 | 60% |
| 2016 | 2,527,473 | 2,478,626 | 48,847 | 4.4 | 57% |
| 2017 | 2,499,282 | 2,375,498 | 123,784 | 5.2 | 64% |
| 2018 | 2,662,978 | 2,645,085 | 17,893 | 4.7 | 55% |
| 2019 | 3,501,242 | 3,389,363 | 111,879 | 3.7 | 54% |
| 2020 | 3,628,583 | 3,646,168 | −17,585 | 3.7 | 52% |
| 2021 | 3,417,704 | 3,571,563 | −153,859 | 3.2 | 56% |
| 2022 | 3,824,971 | 3,856,638 | −31,667 | 4.0 | 61% |
| 2023 | 4,044,270 | 4,103,025 | −58,755 | 3.6 | 59% |
In its most recent public year (2023), this organization spent $58,755 more than it brought in. Its reserves stood at about 3.6 months of spending, up from 2.4 in 2011. Staff pay was 59% of spending. $345 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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