Wabash Area Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 14,913,925 | 14,695,017 | 218,908 | 3.8 | 0% |
| 2012 | 12,735,799 | 12,588,445 | 147,354 | 4.5 | 0% |
| 2013 | 10,858,616 | 10,753,880 | 104,736 | 5.4 | 0% |
| 2014 | 11,269,496 | 11,173,231 | 96,265 | 5.3 | 0% |
| 2015 | 10,619,340 | 10,550,609 | 68,731 | 5.7 | 0% |
| 2016 | 12,432,655 | 12,198,940 | 233,715 | 5.2 | 0% |
| 2017 | 14,931,700 | 15,141,623 | −209,923 | 4.0 | 0% |
| 2018 | 12,758,204 | 12,898,242 | −140,038 | 4.3 | 0% |
| 2019 | 14,831,595 | 14,487,375 | 344,220 | 4.1 | 0% |
| 2020 | 12,572,861 | 12,389,027 | 183,834 | 4.9 | 0% |
| 2021 | 15,228,014 | 14,542,073 | 685,941 | 4.6 | 0% |
| 2022 | 14,067,147 | 13,970,164 | 96,983 | 4.7 | 0% |
| 2023 | 12,917,980 | 13,410,197 | −492,217 | 4.8 | 0% |
In its most recent public year (2023), this organization spent $492,217 more than it brought in. Its reserves stood at about 4.8 months of spending. 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
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