Westland Adams Management Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 113,665 | 104,802 | 8,863 | 69.9 | 0% |
| 2021 | 102,545 | 111,691 | −9,146 | 64.5 | 0% |
| 2022 | 107,032 | 123,178 | −16,146 | 56.9 | 0% |
| 2023 | 125,520 | 167,476 | −41,956 | 38.9 | 0% |
In its most recent public year (2023), this organization spent $41,956 more than it brought in. Its reserves stood at about 38.9 months of spending, down from 69.9 in 2020. Staff pay was 0% of spending. $970,100 of its net assets are donor-restricted.
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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