Lake Cunningham Development Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 1,010,001 | 1,549,834 | −539,833 | -4.2 | 0% |
| 2019 | 4,029,511 | 5,049,392 | −1,019,881 | -3.7 | 0% |
| 2020 | 10,777,600 | 10,659,606 | 117,994 | -1.6 | 0% |
| 2021 | 8,194,435 | 4,474,778 | 3,719,657 | 6.1 | 8% |
| 2022 | 2,290,984 | 2,100,396 | 190,588 | 14.1 | 26% |
| 2023 | 893,044 | 1,662,472 | −769,428 | 40.1 | 41% |
In its most recent public year (2023), this organization spent $769,428 more than it brought in. Its reserves stood at about 40.1 months of spending, up from -4.2 in 2018. Staff pay was 41% of spending. $3,464,363 of its net assets are donor-restricted.
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 Cunningham Development Trust'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