Lagoon Beach Residents Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 240,534 | 319,819 | −79,285 | -49.3 | 0% |
| 2013 | 245,490 | 337,748 | −92,258 | -49.9 | 15% |
| 2014 | 244,813 | 335,265 | −90,452 | -53.6 | 18% |
| 2015 | 130,714 | 175,998 | −45,284 | -112.8 | 24% |
| 2016 | 260,135 | 380,524 | −120,389 | -56.0 | 9% |
| 2017 | 271,014 | 393,034 | −122,020 | -57.9 | 8% |
| 2018 | 274,264 | 374,685 | −100,421 | -64.0 | 8% |
| 2019 | 293,374 | 396,043 | −102,669 | -63.6 | 8% |
| 2020 | 281,216 | 377,625 | −96,409 | -69.8 | 16% |
| 2021 | 302,900 | 425,457 | −122,557 | -65.4 | 9% |
| 2022 | 304,714 | 457,597 | −152,883 | -64.8 | 15% |
| 2023 | 330,058 | 484,603 | −154,545 | -65.0 | 0% |
In its most recent public year (2023), this organization spent $154,545 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-65 months), down from -49.3 in 2012. Staff pay was 0% 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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