Wake Forest Innovation Quarter Development Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 15,605 | 32,951 | −17,346 | 245.7 | 0% |
| 2012 | 13,850 | 33,196 | −19,346 | 236.9 | 0% |
| 2013 | 5,507 | 30,851 | −25,344 | 245.0 | 0% |
| 2014 | 11 | 31,140 | −31,129 | 230.7 | 0% |
| 2015 | 0 | 34,496 | −34,496 | 196.3 | 0% |
| 2016 | 0 | 26,673 | −26,673 | 242.4 | 0% |
| 2017 | 0 | 52,712 | −52,712 | 110.7 | 0% |
| 2018 | 0 | 28,445 | −28,445 | 193.1 | 0% |
| 2019 | 0 | 25,715 | −25,715 | 201.6 | 0% |
| 2020 | 10,826 | 29,953 | −19,127 | 165.4 | 0% |
| 2021 | 0 | 44,606 | −44,606 | 99.1 | 0% |
In its most recent public year (2021), this organization spent $44,606 more than it brought in. Its reserves stood at about 99.1 months of spending, down from 245.7 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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