Community Singers Of Lake Norman Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 23,460 | 15,880 | 7,580 | 15.1 | — |
| 2023 | 22,580 | 17,941 | 4,639 | 26.5 | — |
| 2024 | 21,691 | 27,028 | −5,337 | 15.2 | — |
In its most recent public year (2024), this organization spent $5,337 more than it brought in. Its reserves stood at about 15.2 months 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 2024. 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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