Lakewood Memorial Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 153,116 | 169,401 | −16,285 | 59.5 | 50% |
| 2012 | 157,516 | 179,986 | −22,470 | 54.9 | 49% |
| 2013 | 156,397 | 175,420 | −19,023 | 56.2 | 52% |
| 2014 | 188,732 | 184,897 | 3,835 | 53.7 | 53% |
| 2015 | 172,618 | 183,941 | −11,323 | 52.1 | 53% |
| 2016 | 285,420 | 177,670 | 107,750 | 61.2 | 51% |
| 2017 | 201,812 | 189,820 | 11,992 | 59.8 | 50% |
| 2018 | 279,996 | 209,096 | 70,900 | 56.5 | 52% |
| 2019 | 216,075 | 214,803 | 1,272 | 57.6 | 51% |
| 2020 | 240,818 | 237,067 | 3,751 | 53.0 | 57% |
| 2021 | 304,933 | 297,692 | 7,241 | 43.5 | 56% |
| 2022 | 609,773 | 356,063 | 253,710 | 42.2 | 32% |
| 2023 | 215,235 | 251,258 | −36,023 | 59.1 | 47% |
In its most recent public year (2023), this organization spent $36,023 more than it brought in. Its reserves stood at about 59.1 months of spending. Staff pay was 47% 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 Memorial Library'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