Wedgewood Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 367,457 | 377,278 | −9,821 | 21.0 | 48% |
| 2020 | 357,905 | 380,776 | −22,871 | 20.0 | 50% |
| 2021 | 377,887 | 419,764 | −41,877 | 18.3 | 48% |
| 2022 | 753,873 | 436,947 | 316,926 | 26.0 | 47% |
| 2023 | 379,794 | 452,585 | −72,791 | 23.4 | 47% |
In its most recent public year (2023), this organization spent $72,791 more than it brought in. Its reserves stood at about 23.4 months of spending, up from 21 in 2019. Staff pay was 47% 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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