Wabash River Enhancement Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,027,945 | 937,881 | 90,064 | 105.1 | 18% |
| 2021 | 1,419,428 | 1,433,670 | −14,242 | 67.8 | 12% |
| 2022 | 850,076 | 886,768 | −36,692 | 109.1 | 19% |
| 2023 | 3,621,390 | 1,465,963 | 2,155,427 | 83.0 | 13% |
In its most recent public year (2023), this organization brought in $2,155,427 more than it spent. Its reserves stood at about 83 months of spending, down from 105.1 in 2020. Staff pay was 13% of spending. $1,995,007 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
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