Wea Insurance Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 683,531,610 | 661,532,572 | 21,999,038 | 4.3 | 0% |
| 2021 | 692,190,590 | 735,062,535 | −42,871,945 | 3.0 | 0% |
| 2022 | 579,871,189 | 616,649,093 | −36,777,904 | 0.7 | 0% |
| 2023 | 30,839,946 | 73,421,006 | −42,581,060 | 14.7 | 3% |
In its most recent public year (2023), this organization spent $42,581,060 more than it brought in. Its reserves stood at about 14.7 months of spending, up from 4.3 in 2020. Staff pay was 3% 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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