Wake Forest Kiwanis Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 28,216 | 19,585 | 8,631 | 14.7 | — |
| 2018 | 30,549 | 34,678 | −4,129 | 6.8 | — |
| 2019 | 29,851 | 30,170 | −319 | 7.7 | — |
| 2020 | 11,959 | 19,533 | −7,574 | 7.3 | — |
In its most recent public year (2020), this organization spent $7,574 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 14.7 in 2017.
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 2020. 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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