Lakewood Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 105,562 | 115,750 | −10,188 | 13.1 | — |
| 2011 | 83,450 | 90,280 | −6,830 | 15.8 | — |
| 2012 | 5,516 | 14,467 | −8,951 | 111.6 | — |
| 2013 | 64,801 | 10,920 | 53,881 | 217.6 | — |
| 2014 | 58,891 | 30,751 | 28,140 | 87.7 | — |
| 2015 | 146,630 | 198,207 | −51,577 | 9.8 | — |
| 2016 | 127,549 | 153,815 | −26,266 | 11.0 | — |
| 2017 | 106,889 | 103,349 | 3,540 | 18.1 | — |
| 2018 | 127,168 | 103,801 | 23,367 | 18.1 | — |
| 2019 | 117,221 | 116,972 | 249 | 17.6 | — |
| 2020 | 108,625 | 103,427 | 5,198 | 22.0 | — |
| 2021 | 122,285 | 104,226 | 18,059 | 23.2 | — |
| 2022 | 104,623 | 103,105 | 1,518 | 20.8 | — |
| 2023 | 103,041 | 114,613 | −11,572 | 18.6 | — |
In its most recent public year (2023), this organization spent $11,572 more than it brought in. Its reserves stood at about 18.6 months of spending, up from 13.1 in 2010.
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
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