Lynn Police Credit Union
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 433,733 | 404,115 | 29,618 | 75.3 | 19% |
| 2012 | 382,792 | 381,459 | 1,333 | 79.8 | 20% |
| 2013 | 327,488 | 303,718 | 23,770 | 100.4 | 26% |
| 2014 | 266,016 | 253,666 | 12,350 | 120.7 | 33% |
| 2015 | 267,274 | 249,353 | 17,921 | 123.6 | 35% |
| 2016 | 263,910 | 178,194 | 85,716 | 178.4 | 50% |
| 2017 | 273,795 | 256,217 | 17,578 | 124.9 | 34% |
| 2018 | 326,227 | 248,078 | 78,149 | 132.8 | 37% |
| 2019 | 330,306 | 233,618 | 96,688 | 147.3 | 40% |
| 2020 | 295,884 | 270,082 | 25,802 | 129.1 | 34% |
| 2021 | 244,658 | 252,028 | −7,370 | 140.4 | 36% |
| 2022 | 232,462 | 224,372 | 8,090 | 147.0 | 41% |
| 2023 | 281,118 | 265,079 | 16,039 | 126.0 | 38% |
In its most recent public year (2023), this organization brought in $16,039 more than it spent. Its reserves stood at about 126 months of spending, up from 75.3 in 2011. Staff pay was 38% 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
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