Worldcom Inc Health And Welfare Plan Veba
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,154 | 918,916 | −891,762 | 16.2 | 0% |
| 2021 | 915 | 784,333 | −783,418 | 7.0 | 0% |
| 2022 | 6,777 | 462,464 | −455,687 | 0.0 | 0% |
| 2023 | 497 | 497 | 0 | 0.0 | 2% |
In its most recent public year (2023), this organization brought in $0 more than it spent. Its reserves stood at about 0 months of spending, down from 16.2 in 2020. Staff pay was 2% 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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