Westfield Technical Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 3,000 | 0 | 3,000 | — | — |
| 2016 | 15,240 | 14,454 | 786 | 3.1 | — |
| 2017 | 7,390 | 6,236 | 1,154 | 9.5 | — |
| 2018 | 8,500 | 8,446 | 54 | 7.1 | — |
| 2019 | 3,500 | 4,560 | −1,060 | 10.4 | — |
| 2020 | 3,500 | 4,671 | −1,171 | 7.1 | — |
| 2021 | 0 | 2,952 | −2,952 | 0.5 | — |
| 2022 | 405,552 | 4,326 | 401,226 | 1113.3 | 0% |
| 2023 | 27,426 | 211,757 | −184,331 | 12.3 | 0% |
In its most recent public year (2023), this organization spent $184,331 more than it brought in. Its reserves stood at about 12.3 months of spending. 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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