Lorain Revitalization Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 40,897 | 18,688 | 22,209 | 14.3 | — |
| 2021 | 88,513 | 64,112 | 24,401 | 8.7 | — |
| 2022 | 149,952 | 98,066 | 51,886 | 12.1 | — |
| 2023 | 113,157 | 103,293 | 9,864 | 12.6 | — |
In its most recent public year (2023), this organization brought in $9,864 more than it spent. Its reserves stood at about 12.6 months of spending, down from 14.3 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
Lorain Revitalization Association'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