Wabash Independent Living And Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 493,974 | 555,450 | −61,476 | 5.8 | 72% |
| 2021 | 741,345 | 550,775 | 190,570 | 10.0 | 68% |
| 2022 | 586,452 | 560,169 | 26,283 | 10.4 | 67% |
| 2023 | 495,413 | 523,477 | −28,064 | 10.5 | 63% |
In its most recent public year (2023), this organization spent $28,064 more than it brought in. Its reserves stood at about 10.5 months of spending, up from 5.8 in 2020. Staff pay was 63% of spending. $25,235 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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