Westbay Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,573 | 47,931 | −9,358 | 71.2 | 24% |
| 2021 | 35,396 | 39,990 | −4,594 | 83.9 | 24% |
| 2022 | 42,863 | 45,220 | −2,357 | 73.6 | 26% |
| 2023 | 43,327 | 47,496 | −4,169 | 69.0 | 22% |
In its most recent public year (2023), this organization spent $4,169 more than it brought in. Its reserves stood at about 69 months of spending, down from 71.2 in 2020. Staff pay was 22% 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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