Wahpeton Community Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | −11,151 | 11,583 | −22,734 | 2991.9 | 0% |
| 2021 | −19,218 | 7,581 | −26,799 | 4528.9 | 0% |
| 2022 | −11,607 | 5,426 | −17,033 | 6290.0 | 0% |
| 2023 | −17,661 | 5,391 | −23,052 | 6279.5 | 0% |
In its most recent public year (2023), this organization spent $23,052 more than it brought in. Its reserves stood at about 6279.5 months of spending, up from 2991.9 in 2020. 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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