Lake School Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 494,773 | 483,549 | 11,224 | 12.6 | 69% |
| 2012 | 492,204 | 489,971 | 2,233 | 12.5 | 69% |
| 2013 | 471,285 | 487,747 | −16,462 | 12.1 | 70% |
| 2014 | 512,656 | 514,516 | −1,860 | 11.5 | 70% |
| 2015 | 459,985 | 434,509 | 25,476 | 13.7 | 71% |
| 2016 | 381,880 | 491,897 | −110,017 | 9.4 | 62% |
| 2017 | 425,223 | 422,283 | 2,940 | 11.0 | 69% |
| 2018 | 496,629 | 437,996 | 58,633 | 12.3 | 71% |
| 2019 | 535,927 | 502,039 | 33,888 | 11.5 | 68% |
| 2020 | 540,690 | 513,506 | 27,184 | 11.9 | 69% |
| 2021 | 452,007 | 312,557 | 139,450 | 24.9 | 60% |
| 2022 | 611,227 | 472,894 | 138,333 | 20.3 | 69% |
| 2023 | 645,797 | 572,216 | 73,581 | 18.3 | 69% |
| 2024 | 595,598 | 592,658 | 2,940 | 17.7 | 68% |
In its most recent public year (2024), this organization brought in $2,940 more than it spent. Its reserves stood at about 17.7 months of spending, up from 12.6 in 2011. Staff pay was 68% 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 2024. 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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