Iwec Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 4,450 | 2,080 | 2,370 | 13.7 | — |
| 2014 | 27,287 | 9,588 | 17,699 | 25.1 | — |
| 2015 | 68,916 | 39,284 | 29,632 | 15.2 | — |
| 2016 | 104,191 | 95,733 | 8,458 | 7.3 | — |
| 2017 | 117,848 | 79,216 | 38,632 | 14.7 | — |
| 2018 | 152,578 | 161,558 | −8,980 | 6.5 | — |
| 2019 | 139,376 | 151,710 | −12,334 | 6.0 | — |
| 2020 | 145,935 | 144,945 | 990 | 6.3 | — |
| 2021 | 192,365 | 139,123 | 53,242 | 11.2 | 0% |
| 2022 | 177,931 | 229,707 | −51,776 | 4.1 | 0% |
| 2023 | 584,914 | 162,614 | 422,300 | 37.3 | 0% |
In its most recent public year (2023), this organization brought in $422,300 more than it spent. Its reserves stood at about 37.3 months of spending, up from 13.7 in 2013. 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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