Wellsboro Area Educaton Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 148,205 | 47,370 | 100,835 | 25.5 | 1% |
| 2014 | 0 | 3,314 | −3,314 | -183.5 | — |
| 2015 | 735,857 | 130,230 | 605,627 | 51.1 | 0% |
| 2016 | 219,962 | 618,703 | −398,741 | 3.0 | 0% |
| 2017 | 184,876 | 15,065 | 169,811 | 264.0 | — |
| 2018 | 178,946 | 113,793 | 65,153 | 41.2 | — |
| 2019 | 152,266 | 340,451 | −188,185 | 7.3 | — |
| 2020 | 57,018 | 37,356 | 19,662 | 77.1 | — |
| 2021 | 103,313 | 65,689 | 37,624 | 52.5 | — |
| 2022 | 41,676 | 33,132 | 8,544 | 98.3 | — |
| 2023 | 22,573 | 14,121 | 8,452 | 247.7 | — |
In its most recent public year (2023), this organization brought in $8,452 more than it spent. Its reserves stood at about 247.7 months of spending, up from 25.5 in 2013.
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
Wellsboro Area Educaton Foundation'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