Spring Lake Water Works
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 33,584 | 36,254 | −2,670 | 4.9 | 6% |
| 2012 | 35,521 | 29,153 | 6,368 | 8.7 | 24% |
| 2013 | 39,684 | 32,695 | 6,989 | 10.3 | 22% |
| 2014 | 48,092 | 28,972 | 19,120 | 19.5 | 25% |
| 2015 | 51,282 | 35,090 | 16,192 | 21.7 | 25% |
| 2016 | 52,450 | 47,989 | 4,461 | 17.0 | 17% |
| 2017 | 51,242 | 33,960 | 17,282 | 30.1 | 24% |
| 2018 | 42,485 | 51,346 | −8,861 | 17.8 | 19% |
| 2019 | 42,215 | 36,430 | 5,785 | 27.0 | 23% |
| 2020 | 43,565 | 41,581 | 1,984 | 24.2 | 25% |
| 2021 | 43,529 | 56,498 | −12,969 | 15.1 | 14% |
| 2022 | 43,707 | 44,658 | −951 | 18.8 | 17% |
| 2023 | 44,802 | 35,206 | 9,596 | 27.2 | 24% |
In its most recent public year (2023), this organization brought in $9,596 more than it spent. Its reserves stood at about 27.2 months of spending, up from 4.9 in 2011. Staff pay was 24% 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
Spring Lake Water Works'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