Wake Futbol Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 185,550 | 204,525 | −18,975 | -1.1 | 20% |
| 2013 | 264,151 | 289,854 | −25,703 | -1.8 | 0% |
| 2014 | 467,618 | 423,452 | 44,166 | 0.6 | 57% |
| 2015 | 973,029 | 750,569 | 222,460 | 3.5 | 0% |
| 2016 | 168,858 | 362,854 | −193,996 | 0.9 | 0% |
| 2017 | 1,555,649 | 1,364,691 | 190,958 | 2.4 | 0% |
| 2018 | 2,074,144 | 1,762,018 | 312,126 | 4.0 | 1% |
| 2019 | 2,619,493 | 3,044,489 | −424,996 | 0.6 | 20% |
| 2020 | 1,981,533 | 2,172,124 | −190,591 | -0.2 | 25% |
| 2021 | 2,541,870 | 2,703,393 | −161,523 | -0.8 | 11% |
| 2022 | 3,274,607 | 3,149,084 | 125,523 | -0.3 | 12% |
In its most recent public year (2022), this organization brought in $125,523 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months). Staff pay was 12% 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 2022. 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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