Wayne Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,588,966 | 1,452,845 | 1,136,121 | 27.0 | 0% |
| 2024 | 19,457 | 21,358 | −1,901 | 2.9 | — |
In its most recent public year (2024), this organization spent $1,901 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 27 in 2021.
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 2024. 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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