Westedge Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,823 | 1,710,882 | −1,708,059 | 48.3 | 14% |
| 2021 | 18,669,032 | 21,032,636 | −2,363,604 | 2.6 | 1% |
| 2022 | 804,235 | 1,742,698 | −938,463 | 24.7 | 12% |
| 2023 | 840,428 | 1,488,436 | −648,008 | 23.7 | 13% |
In its most recent public year (2023), this organization spent $648,008 more than it brought in. Its reserves stood at about 23.7 months of spending, down from 48.3 in 2020. Staff pay was 13% 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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