Wheels Of Happiness Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 74,149 | 36,669 | 37,480 | 16.0 | — |
| 2018 | 93,722 | 62,542 | 31,180 | 15.4 | — |
| 2019 | 117,702 | 124,728 | −7,026 | 7.0 | — |
| 2020 | 91,563 | 80,946 | 10,617 | 11.2 | — |
| 2021 | 53,165 | 72,273 | −19,108 | 9.3 | — |
| 2022 | 130,558 | 146,411 | −15,853 | 3.3 | — |
| 2023 | 81,857 | 73,702 | 8,155 | 7.9 | — |
In its most recent public year (2023), this organization brought in $8,155 more than it spent. Its reserves stood at about 7.9 months of spending, down from 16 in 2017.
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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