Wings Over Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 236,956 | 171,619 | 65,337 | 4.6 | 9% |
| 2017 | 116,641 | 158,576 | −41,935 | 1.8 | 13% |
| 2018 | 191,971 | 199,877 | −7,906 | 2.3 | 20% |
| 2019 | 151,789 | 186,586 | −34,797 | 0.6 | 15% |
| 2021 | −10,609 | 33,209 | −43,818 | -21.2 | 76% |
| 2022 | 2,570 | 1,495 | 1,075 | -463.1 | 77% |
| 2023 | 8,684 | 6,586 | 2,098 | -101.3 | 63% |
In its most recent public year (2023), this organization brought in $2,098 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-101.3 months), down from 4.6 in 2016. Staff pay was 63% 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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