Lorin Station Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 168,645 | 280,162 | −111,517 | -92.5 | 11% |
| 2021 | 172,642 | 272,820 | −100,178 | -99.4 | 11% |
| 2022 | 175,328 | 322,588 | −147,260 | -89.5 | 15% |
| 2023 | 176,447 | 275,922 | −99,475 | -109.0 | 8% |
In its most recent public year (2023), this organization spent $99,475 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-109 months), down from -92.5 in 2020. Staff pay was 8% 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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