Lake Forest Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,233,522 | 2,741,794 | 491,728 | 19.5 | 33% |
| 2012 | 3,262,966 | 2,677,367 | 585,599 | 22.6 | 34% |
| 2013 | 3,411,612 | 3,500,015 | −88,403 | 17.0 | 30% |
| 2014 | 3,413,174 | 3,230,499 | 182,675 | 19.1 | 35% |
| 2015 | 3,288,842 | 3,003,119 | 285,723 | 21.7 | 36% |
| 2016 | 3,265,025 | 3,194,005 | 71,020 | 20.6 | 38% |
| 2017 | 3,440,384 | 3,119,375 | 321,009 | 22.4 | 36% |
| 2018 | 3,546,748 | 3,740,956 | −194,208 | 18.0 | 30% |
| 2019 | 4,456,217 | 4,188,648 | 267,569 | 16.9 | 28% |
| 2020 | 3,498,141 | 3,121,992 | 376,149 | 24.9 | 35% |
In its most recent public year (2020), this organization brought in $376,149 more than it spent. Its reserves stood at about 24.9 months of spending, up from 19.5 in 2011. Staff pay was 35% 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 2020. 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
Lake Forest Community Association's IRS filings as a feed — one entry per filing year, through 2020. 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