Fred Wells Tennis & Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,002,643 | 1,048,660 | −46,017 | 43.1 | 48% |
| 2012 | 960,209 | 1,171,523 | −211,314 | 36.4 | 50% |
| 2013 | 1,292,763 | 1,324,107 | −31,344 | 31.9 | 49% |
| 2014 | 1,259,482 | 1,365,929 | −106,447 | 30.0 | 5% |
| 2015 | 1,308,344 | 1,399,076 | −90,732 | 24.1 | 52% |
| 2016 | 1,439,471 | 1,470,924 | −31,453 | 22.6 | 54% |
| 2017 | 1,811,774 | 1,639,696 | 172,078 | 21.6 | 53% |
| 2018 | 2,069,772 | 1,800,551 | 269,221 | 21.4 | 54% |
| 2019 | 1,929,138 | 1,969,594 | −40,456 | 19.4 | 57% |
| 2020 | 2,030,382 | 1,863,842 | 166,540 | 21.5 | 50% |
| 2021 | 2,852,378 | 2,478,730 | 373,648 | 18.0 | 62% |
| 2022 | 2,825,830 | 2,748,918 | 76,912 | 16.6 | 57% |
| 2023 | 3,074,088 | 2,781,602 | 292,486 | 17.6 | 62% |
In its most recent public year (2023), this organization brought in $292,486 more than it spent. Its reserves stood at about 17.6 months of spending, down from 43.1 in 2011. Staff pay was 62% of spending. $43,975 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
Fred Wells Tennis & Education Center Inc'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