Lakeridge Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 117,105 | 37,799 | 79,306 | 46.0 | — |
| 2024 | 92,356 | 153,333 | −60,977 | 6.6 | — |
In its most recent public year (2024), this organization spent $60,977 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 46 in 2023.
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 2024. 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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