West River Foundation For Economic And Community Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,456,019 | 829,123 | 626,896 | 57.1 | 16% |
| 2022 | 1,281,942 | 887,576 | 394,366 | 58.2 | 20% |
| 2023 | 1,108,456 | 922,205 | 186,251 | 58.3 | 16% |
In its most recent public year (2023), this organization brought in $186,251 more than it spent. Its reserves stood at about 58.3 months of spending, up from 57.1 in 2021. Staff pay was 16% 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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