Lake Norman Airpark Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,949 | 21,486 | 7,463 | 39.1 | — |
| 2022 | 75,552 | 31,609 | 43,943 | 83.5 | — |
| 2023 | 78,342 | 94,901 | −16,559 | 25.7 | — |
In its most recent public year (2023), this organization spent $16,559 more than it brought in. Its reserves stood at about 25.7 months of spending, down from 39.1 in 2011.
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
Lake Norman Airpark Owners Association Inc'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