Webster Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,146 | 31,382 | −13,236 | 135.0 | 0% |
| 2012 | 5,801 | 56,627 | −50,826 | 64.1 | 0% |
| 2013 | 17,401 | 87,647 | −70,246 | 31.8 | 0% |
| 2014 | −2,008 | 104,021 | −106,029 | 14.5 | 0% |
| 2015 | 19,883 | 65,015 | −45,132 | 14.9 | 0% |
| 2016 | 1,662 | 67,160 | −65,498 | 2.8 | 0% |
| 2017 | 12,655 | 79,617 | −66,962 | 6.2 | 0% |
| 2018 | 1,285 | 29,387 | −28,102 | 601.6 | 0% |
| 2019 | 0 | 32,420 | −32,420 | 8.6 | 0% |
| 2020 | 0 | 36,464 | −36,464 | 40.1 | 0% |
| 2021 | 0 | 32,668 | −32,668 | 58.5 | 0% |
| 2022 | 0 | 50,814 | −50,814 | 25.6 | 0% |
| 2023 | 0 | 51,250 | −51,250 | 26.4 | 0% |
In its most recent public year (2023), this organization spent $51,250 more than it brought in. Its reserves stood at about 26.4 months of spending, down from 135 in 2011. Staff pay was 0% of spending.
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
Webster Development Fund'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