Forest Lakes Mutual Water Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 436,486 | 367,468 | 69,018 | 16.8 | 44% |
| 2012 | 465,321 | 431,906 | 33,415 | 13.5 | 40% |
| 2013 | 495,049 | 379,661 | 115,388 | 18.7 | 42% |
| 2014 | 469,192 | 460,971 | 8,221 | 15.6 | 39% |
| 2015 | 484,564 | 439,854 | 44,710 | 17.5 | 33% |
| 2016 | 484,288 | 434,447 | 49,841 | 19.1 | 41% |
| 2017 | 493,621 | 435,553 | 58,068 | 20.7 | 41% |
| 2018 | 657,045 | 564,195 | 92,850 | 17.9 | 39% |
| 2019 | 536,680 | 640,376 | −103,696 | 13.9 | 36% |
| 2020 | 625,643 | 665,029 | −39,386 | 12.6 | 37% |
| 2021 | 713,186 | 704,376 | 8,810 | 12.1 | 36% |
| 2022 | 747,960 | 611,560 | 136,400 | 16.6 | 41% |
| 2023 | 950,807 | 649,507 | 301,300 | 21.2 | 44% |
In its most recent public year (2023), this organization brought in $301,300 more than it spent. Its reserves stood at about 21.2 months of spending, up from 16.8 in 2011. Staff pay was 44% 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
Forest Lakes Mutual Water Company'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