Friends Of Lakewood
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 430,087 | 541,912 | −111,825 | 83.9 | 50% |
| 2012 | 408,711 | 501,292 | −92,581 | 86.8 | 50% |
| 2013 | 614,307 | 599,002 | 15,305 | 76.9 | 49% |
| 2014 | 448,481 | 598,947 | −150,466 | 79.3 | 49% |
| 2015 | 254,538 | 311,791 | −57,253 | 144.3 | 45% |
| 2016 | 429,955 | 507,987 | −78,032 | 89.0 | 49% |
| 2017 | 416,021 | 573,756 | −157,735 | 80.8 | 46% |
| 2018 | 748,959 | 614,397 | 134,562 | 75.4 | 43% |
| 2019 | 752,911 | 612,293 | 140,618 | 84.5 | 53% |
| 2020 | 785,185 | 831,579 | −46,394 | 28.4 | 42% |
| 2021 | 1,016,543 | 1,028,766 | −12,223 | 22.8 | 46% |
| 2022 | 1,483,623 | 1,234,357 | 249,266 | 21.4 | 44% |
| 2023 | 1,156,436 | 1,262,806 | −106,370 | 19.9 | 47% |
In its most recent public year (2023), this organization spent $106,370 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 83.9 in 2011. Staff pay was 47% of spending. $259,390 of its net assets are donor-restricted.
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'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