Westmoreland Bar Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,721 | 59,809 | 1,912 | 194.7 | 61% |
| 2021 | 121,388 | 47,110 | 74,278 | 267.7 | 21% |
| 2022 | 35,981 | 30,169 | 5,812 | 358.0 | 14% |
| 2023 | 38,786 | 41,637 | −2,851 | 280.6 | 12% |
In its most recent public year (2023), this organization spent $2,851 more than it brought in. Its reserves stood at about 280.6 months of spending, up from 194.7 in 2020. Staff pay was 12% of spending. $445,530 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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