Woodbine Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 481,785 | 921,847 | −440,062 | 5.0 | 0% |
| 2021 | 723,207 | 717,706 | 5,501 | 6.5 | 0% |
| 2022 | 289 | 10,816 | −10,527 | 417.4 | 0% |
In its most recent public year (2022), this organization spent $10,527 more than it brought in. Its reserves stood at about 417.4 months of spending, up from 5 in 2020. Staff pay was 0% of spending. $33,693 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 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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