Westfield Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 98,122 | 132,601 | −34,479 | 0.2 | — |
| 2019 | 465,757 | 95,830 | 369,927 | 0.0 | 0% |
| 2020 | 206,093 | 848,892 | −642,799 | 0.7 | 0% |
| 2021 | 12,009 | 6,428 | 5,581 | 96.7 | 0% |
| 2022 | 12,211 | 748 | 11,463 | 1015.1 | 0% |
| 2023 | 12,005 | 799 | 11,206 | 1118.6 | 0% |
In its most recent public year (2023), this organization brought in $11,206 more than it spent. Its reserves stood at about 1118.6 months of spending, up from 0.2 in 2018. 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
Westfield Economic Development Foundation Inc'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