Friends Of Lakewood Library
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,360 | 34,707 | 14,653 | 14.9 | — |
| 2012 | 48,693 | 51,585 | −2,892 | 9.4 | — |
| 2013 | 50,184 | 49,434 | 750 | 10.0 | — |
| 2014 | 51,553 | 52,207 | −654 | 9.3 | — |
| 2015 | 47,614 | 54,281 | −6,667 | 7.5 | — |
| 2016 | 49,836 | 50,211 | −375 | 8.0 | — |
| 2017 | 52,102 | 46,316 | 5,786 | 10.1 | — |
| 2018 | 51,244 | 53,592 | −2,348 | 8.2 | — |
| 2019 | 43,017 | 53,390 | −10,373 | 5.9 | — |
| 2020 | 27,827 | 19,979 | 7,848 | 20.6 | — |
| 2021 | 3,536 | 8,098 | −4,562 | 44.0 | — |
| 2022 | 13,517 | 8,842 | 4,675 | 46.6 | — |
| 2023 | 5,689 | 12,771 | −7,082 | 25.6 | — |
In its most recent public year (2023), this organization spent $7,082 more than it brought in. Its reserves stood at about 25.6 months of spending, up from 14.9 in 2011.
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
Friends Of Lakewood Library'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