Lansing News Fund For Community Journalism
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 55,103 | 16,804 | 38,299 | 27.3 | — |
| 2021 | 15,381 | 38,561 | −23,180 | 4.7 | — |
| 2022 | 27,017 | 24,451 | 2,566 | 8.7 | — |
| 2023 | 14,035 | 18,294 | −4,259 | 8.8 | — |
In its most recent public year (2023), this organization spent $4,259 more than it brought in. Its reserves stood at about 8.8 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 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
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