Wakefield Little League Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,915 | 114,497 | −582 | 15.3 | — |
| 2021 | 131,839 | 109,307 | 22,532 | 18.5 | — |
| 2022 | 138,056 | 155,542 | −17,486 | 11.7 | — |
| 2023 | 121,761 | 142,963 | −21,202 | 10.9 | — |
In its most recent public year (2023), this organization spent $21,202 more than it brought in. Its reserves stood at about 10.9 months of spending, down from 15.3 in 2020.
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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