Lake Erie Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 20,784 | 13,550 | 7,234 | 6.4 | 35% |
| 2017 | 185,565 | 84,706 | 100,859 | 15.3 | 40% |
| 2018 | 159,061 | 142,769 | 16,292 | 10.5 | 36% |
| 2019 | 253,637 | 201,156 | 52,481 | 10.6 | 28% |
| 2020 | 166,712 | 157,287 | 9,425 | 14.8 | 25% |
| 2021 | 206,924 | 151,610 | 55,314 | 20.4 | 38% |
| 2022 | 944,951 | 229,972 | 714,979 | 50.8 | 46% |
| 2023 | 262,126 | 219,567 | 42,559 | 52.4 | 43% |
In its most recent public year (2023), this organization brought in $42,559 more than it spent. Its reserves stood at about 52.4 months of spending, up from 6.4 in 2016. Staff pay was 43% 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
Lake Erie Foundation'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