Lakewood Schools Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 22,407 | 16,245 | 6,162 | 33.0 | — |
| 2022 | 34,511 | 16,359 | 18,152 | 40.9 | — |
| 2023 | 37,382 | 31,855 | 5,527 | 23.1 | — |
| 2024 | 90,349 | 93,071 | −2,722 | 7.4 | — |
In its most recent public year (2024), this organization spent $2,722 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 33 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 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
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