Lake Forest Ii Master Homeowners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,130,345 | 3,462,374 | 667,971 | 28.5 | 36% |
| 2012 | 4,135,720 | 4,197,598 | −61,878 | 23.3 | 29% |
| 2013 | 4,153,878 | 3,568,462 | 585,416 | 29.4 | 33% |
| 2014 | 4,247,083 | 3,834,825 | 412,258 | 28.6 | 31% |
| 2015 | 4,318,374 | 3,672,552 | 645,822 | 32.0 | 34% |
| 2016 | 4,582,805 | 3,741,469 | 841,336 | 34.1 | 33% |
| 2017 | 4,550,809 | 3,907,151 | 643,658 | 34.7 | 34% |
| 2018 | 4,714,359 | 4,666,640 | 47,719 | 29.1 | 27% |
| 2019 | 0 | 0 | 0 | — | — |
| 2020 | 4,055,155 | 3,652,487 | 402,668 | 42.6 | 35% |
| 2021 | 7,362,628 | 7,283,278 | 79,350 | 17.2 | 21% |
| 2022 | 4,708,628 | 4,679,247 | 29,381 | 27.7 | 33% |
| 2023 | 6,412,605 | 6,159,330 | 253,275 | 20.0 | 27% |
In its most recent public year (2023), this organization brought in $253,275 more than it spent. Its reserves stood at about 20 months of spending, down from 28.5 in 2011. Staff pay was 27% 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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