Lakewood Utilities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 30,270 | 23,836 | 6,434 | 87.7 | — |
| 2013 | 30,683 | 42,453 | −11,770 | 45.9 | — |
| 2014 | 32,099 | 61,517 | −29,418 | 26.0 | — |
| 2015 | 42,460 | 38,051 | 4,409 | 43.4 | — |
| 2016 | 48,792 | 87,927 | −39,135 | 13.4 | 0% |
| 2017 | 48,357 | 76,394 | −28,037 | 11.0 | 0% |
| 2018 | 48,600 | 70,998 | −22,398 | 8.8 | 0% |
| 2019 | 55,784 | 72,753 | −16,969 | 5.6 | 0% |
| 2020 | 67,952 | 70,030 | −2,078 | 5.0 | 0% |
| 2021 | 67,832 | 71,551 | −3,719 | 4.3 | — |
| 2022 | 67,462 | 71,511 | −4,049 | 3.6 | — |
| 2023 | 68,402 | 76,427 | −8,025 | 2.1 | — |
| 2024 | 68,419 | 95,188 | −26,769 | -1.7 | — |
In its most recent public year (2024), this organization spent $26,769 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.7 months), down from 87.7 in 2012.
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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works