Washingon Association Of Accounting And Tax Professionals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 275,544 | 232,045 | 43,499 | 18.8 | 17% |
| 2021 | 219,994 | 178,558 | 41,436 | 27.2 | 26% |
| 2022 | 208,512 | 199,338 | 9,174 | 23.4 | 24% |
| 2023 | 205,081 | 284,073 | −78,992 | 13.3 | 20% |
In its most recent public year (2023), this organization spent $78,992 more than it brought in. Its reserves stood at about 13.3 months of spending, down from 18.8 in 2020. Staff pay was 20% of spending. $206,673 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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