Lakewood Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 69,435 | 38,511 | 30,924 | 148.4 | — |
| 2020 | 56,143 | 51,610 | 4,533 | 111.8 | — |
| 2021 | 60,577 | 51,320 | 9,257 | 114.6 | — |
| 2022 | 58,840 | 83,209 | −24,369 | 55.6 | — |
In its most recent public year (2022), this organization spent $24,369 more than it brought in. Its reserves stood at about 55.6 months of spending, down from 148.4 in 2019.
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 2022. 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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