Lake Mills Scholarship Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 92,708 | 23,000 | 69,708 | 53.0 | — |
| 2021 | 174,901 | 25,931 | 148,970 | 115.9 | — |
| 2022 | 30,318 | 44,406 | −14,088 | 63.9 | — |
| 2023 | 87,496 | 4,180 | 83,316 | 917.9 | — |
In its most recent public year (2023), this organization brought in $83,316 more than it spent. Its reserves stood at about 917.9 months of spending, up from 53 in 2020.
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 Mills Scholarship 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