Lakewood Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 109,073 | 9,746 | 99,327 | 418.3 | — |
| 2020 | 25,132 | 469 | 24,663 | 9322.6 | — |
| 2021 | 149,838 | 20,195 | 129,643 | 293.5 | — |
| 2022 | 167,274 | 6,202 | 161,072 | 1267.5 | 0% |
| 2023 | 20,811 | 251,730 | −230,919 | 20.2 | 0% |
In its most recent public year (2023), this organization spent $230,919 more than it brought in. Its reserves stood at about 20.2 months of spending, down from 418.3 in 2019. Staff pay was 0% 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
Lakewood Community Development Corporation'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