Lorain Police Officers Charitable Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 17,950 | 16,469 | 1,481 | 1.1 | — |
| 2017 | 41,220 | 23,380 | 17,840 | 9.9 | — |
| 2018 | 48,041 | 49,880 | −1,839 | 4.2 | — |
| 2019 | 23,958 | 20,487 | 3,471 | 12.3 | — |
| 2020 | 33,479 | 24,655 | 8,824 | 14.5 | — |
| 2021 | 20,088 | 25,515 | −5,427 | 11.5 | — |
| 2022 | 11,636 | 25,492 | −13,856 | 4.9 | — |
| 2023 | 17,721 | 24,810 | −7,089 | 1.6 | — |
In its most recent public year (2023), this organization spent $7,089 more than it brought in. Its reserves stood at about 1.6 months 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
Lorain Police Officers Charitable Foundation Inc'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