Lakewood Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,132 | 134,591 | 13,541 | 20.1 | 0% |
| 2012 | 160,727 | 146,214 | 14,513 | 19.7 | 0% |
| 2013 | 210,209 | 126,382 | 83,827 | 33.2 | 0% |
| 2014 | 186,101 | 120,589 | 65,512 | 42.5 | 0% |
| 2015 | 171,524 | 134,513 | 37,011 | 41.0 | 0% |
| 2016 | 143,995 | 158,422 | −14,427 | 35.2 | 0% |
| 2017 | 185,708 | 168,651 | 17,057 | 36.5 | 0% |
| 2018 | 193,568 | 185,416 | 8,152 | 38.5 | 0% |
| 2019 | 2,000,210 | 167,309 | 1,832,901 | 182.7 | 0% |
| 2020 | 316,342 | 221,397 | 94,945 | 153.3 | 0% |
| 2021 | 232,823 | 269,051 | −36,228 | 133.1 | 0% |
| 2022 | 305,398 | 205,583 | 99,815 | 153.6 | 0% |
| 2023 | 547,787 | 248,878 | 298,909 | 141.3 | 0% |
In its most recent public year (2023), this organization brought in $298,909 more than it spent. Its reserves stood at about 141.3 months of spending, up from 20.1 in 2011. Staff pay was 0% of spending. $2,881,337 of its net assets are donor-restricted.
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 Foundation'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