Wrightsville Beach Elementary School Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 34,676 | 40,977 | −6,301 | 21.2 | — |
| 2022 | 126,888 | 53,522 | 73,366 | 32.7 | — |
| 2023 | 146,430 | 64,686 | 81,744 | 42.2 | — |
In its most recent public year (2023), this organization brought in $81,744 more than it spent. Its reserves stood at about 42.2 months of spending, up from 21.2 in 2021.
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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