Lovington Mainstreet Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,102 | 45,567 | 27,535 | 8.4 | — |
| 2012 | 69,424 | 60,943 | 8,481 | 7.9 | — |
| 2013 | 104,997 | 98,595 | 6,402 | 5.5 | — |
| 2014 | 110,364 | 106,527 | 3,837 | 5.5 | — |
| 2015 | 152,617 | 147,446 | 5,171 | 4.4 | — |
| 2016 | 119,868 | 107,779 | 12,089 | 7.4 | — |
| 2017 | 160,568 | 162,580 | −2,012 | 3.8 | — |
| 2018 | 188,424 | 171,993 | 16,431 | 4.7 | 34% |
| 2019 | 227,521 | 220,403 | 7,118 | 4.1 | 27% |
| 2020 | 216,517 | 183,977 | 32,540 | 2.5 | 35% |
| 2021 | 252,525 | 301,993 | −49,468 | 3.1 | 25% |
| 2022 | 240,899 | 270,744 | −29,845 | 2.6 | 32% |
| 2023 | 542,888 | 487,613 | 55,275 | 2.8 | 21% |
In its most recent public year (2023), this organization brought in $55,275 more than it spent. Its reserves stood at about 2.8 months of spending, down from 8.4 in 2011. Staff pay was 21% 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
Lovington Mainstreet Corporation'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