Wentworth Economic Development Corporation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 247,967 | 491,537 | −243,570 | 26.5 | 15% |
| 2012 | 220,388 | 238,757 | −18,369 | 53.7 | 30% |
| 2013 | 208,978 | 225,641 | −16,663 | 55.9 | 33% |
| 2014 | 268,831 | 243,445 | 25,386 | 54.1 | 29% |
| 2015 | 199,487 | 244,595 | −45,108 | 51.6 | 30% |
| 2016 | 256,066 | 249,470 | 6,596 | 50.9 | 29% |
| 2017 | 408,489 | 321,549 | 86,940 | 42.8 | 20% |
| 2018 | 183,343 | 232,109 | −48,766 | 56.7 | 32% |
| 2019 | 212,031 | 248,534 | −36,503 | 51.2 | 29% |
| 2020 | 298,605 | 241,345 | 57,260 | 55.6 | 33% |
| 2021 | 327,805 | 289,689 | 38,116 | 47.9 | 29% |
| 2022 | 255,575 | 265,269 | −9,694 | 51.8 | 29% |
| 2023 | 581,662 | 658,803 | −77,141 | 19.5 | 8% |
In its most recent public year (2023), this organization spent $77,141 more than it brought in. Its reserves stood at about 19.5 months of spending, down from 26.5 in 2011. Staff pay was 8% of spending. $940,738 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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