Wessynton Marine Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 275,668 | 457,358 | −181,690 | 0.5 | 0% |
| 2021 | 9,975 | 1,535 | 8,440 | 210.8 | 0% |
| 2022 | 27,385 | 2,397 | 24,988 | 260.1 | 0% |
In its most recent public year (2022), this organization brought in $24,988 more than it spent. Its reserves stood at about 260.1 months of spending, up from 0.5 in 2020. 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 2022. 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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