Wayland Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,049 | 9,288 | 9,761 | 197.2 | — |
| 2012 | 18,013 | 12,142 | 5,871 | 156.7 | 0% |
| 2013 | 24,718 | 12,029 | 12,689 | 170.8 | 0% |
| 2014 | 7,945 | 21,022 | −13,077 | 90.3 | 0% |
| 2015 | 70,518 | 25,930 | 44,588 | 93.8 | 0% |
| 2016 | 75,384 | 18,961 | 56,423 | 164.0 | 0% |
| 2017 | 74,531 | 17,023 | 57,508 | 223.2 | 0% |
| 2018 | 186,683 | 10,366 | 176,317 | 570.7 | 0% |
| 2019 | 16,077 | 14,409 | 1,668 | 412.0 | 0% |
| 2020 | 60,228 | 14,397 | 45,831 | 450.5 | 0% |
| 2021 | 53,762 | 14,290 | 39,472 | 487.0 | 0% |
| 2022 | 60,356 | 15,497 | 44,859 | 483.8 | 0% |
| 2023 | 267,142 | 25,179 | 241,963 | 413.1 | 0% |
In its most recent public year (2023), this organization brought in $241,963 more than it spent. Its reserves stood at about 413.1 months of spending, up from 197.2 in 2011. 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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