Lake Como Community Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 377,511 | 353,492 | 24,019 | -27.8 | 17% |
| 2021 | 374,967 | 340,345 | 34,622 | -27.6 | 17% |
| 2022 | 390,780 | 569,586 | −178,806 | -20.3 | 10% |
| 2023 | 402,421 | 364,062 | 38,359 | -30.5 | 18% |
In its most recent public year (2023), this organization brought in $38,359 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-30.5 months), down from -27.8 in 2020. Staff pay was 18% 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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