Lakewood Property Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 679,930 | 676,602 | 3,328 | 0.1 | 38% |
| 2012 | 680,513 | 682,479 | −1,966 | 0.1 | 41% |
| 2013 | 711,271 | 710,274 | 997 | 0.1 | 41% |
| 2014 | 701,066 | 698,852 | 2,214 | 0.1 | 47% |
| 2015 | 686,557 | 681,951 | 4,606 | 0.2 | 50% |
| 2016 | 790,004 | 739,111 | 50,893 | 1.0 | 48% |
| 2017 | 704,652 | 721,403 | −16,751 | 0.7 | 51% |
| 2018 | 702,550 | 729,023 | −26,473 | 0.3 | 47% |
| 2019 | 731,114 | 733,061 | −1,947 | 0.3 | 51% |
| 2020 | 702,052 | 657,170 | 44,882 | 1.1 | 49% |
| 2021 | 825,895 | 789,279 | 36,616 | 1.5 | 54% |
| 2022 | 795,207 | 796,403 | −1,196 | 1.5 | 44% |
| 2023 | 833,493 | 857,272 | −23,779 | 1.1 | 44% |
In its most recent public year (2023), this organization spent $23,779 more than it brought in. Its reserves stood at about 1.1 months of spending, up from 0.1 in 2011. Staff pay was 44% 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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