Watermans Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 473,918 | 346,207 | 127,711 | 124.6 | 38% |
| 2012 | 322,489 | 327,429 | −4,940 | 131.5 | 45% |
| 2013 | 455,530 | 470,240 | −14,710 | 91.2 | 32% |
| 2014 | 763,666 | 632,471 | 131,195 | 70.3 | 26% |
| 2015 | 523,911 | 503,828 | 20,083 | 67.4 | 36% |
| 2016 | 521,073 | 504,351 | 16,722 | 67.1 | 46% |
| 2017 | 518,796 | 494,527 | 24,269 | 70.6 | 45% |
| 2018 | 541,218 | 603,877 | −62,659 | 57.2 | 46% |
| 2019 | 707,210 | 602,140 | 105,070 | 59.8 | 49% |
| 2020 | 570,258 | 499,591 | 70,667 | 72.7 | 44% |
| 2021 | 968,561 | 611,540 | 357,021 | 68.5 | 47% |
| 2022 | 924,284 | 753,183 | 171,101 | 53.2 | 51% |
| 2023 | 1,120,095 | 825,374 | 294,721 | 54.9 | 54% |
In its most recent public year (2023), this organization brought in $294,721 more than it spent. Its reserves stood at about 54.9 months of spending, down from 124.6 in 2011. Staff pay was 54% of spending. $66,125 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
Watermans Community Center'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