Westminster Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 35,368 | 26,844 | 8,524 | 177.1 | — |
| 2012 | 31,127 | 26,882 | 4,245 | 191.1 | — |
| 2013 | 30,231 | 19,432 | 10,799 | 286.3 | — |
| 2014 | 42,284 | 45,145 | −2,861 | 123.6 | — |
| 2015 | 49,058 | 51,669 | −2,611 | 100.3 | — |
| 2016 | 29,604 | 44,514 | −14,910 | 114.4 | — |
| 2017 | 28,848 | 43,177 | −14,329 | 121.2 | — |
| 2018 | 38,717 | 20,382 | 18,335 | 251.3 | — |
| 2019 | 38,538 | 30,472 | 8,066 | 184.0 | — |
| 2020 | 45,994 | 34,921 | 11,073 | 173.3 | 0% |
| 2021 | 42,552 | 32,371 | 10,181 | 195.2 | 0% |
In its most recent public year (2021), this organization brought in $10,181 more than it spent. Its reserves stood at about 195.2 months of spending, up from 177.1 in 2011. 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 2021. 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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