Lockwood-Mathews Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,369 | 15,313 | −4,944 | 224.0 | — |
| 2021 | 9,630 | 15,175 | −5,545 | 221.7 | — |
| 2022 | 6,949 | 15,258 | −8,309 | 213.9 | — |
| 2023 | 2,213 | 15,165 | −12,952 | 205.0 | — |
In its most recent public year (2023), this organization spent $12,952 more than it brought in. Its reserves stood at about 205 months of spending, down from 224 in 2020.
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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