Megans Wings Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 166,974 | 141,729 | 25,245 | 7.1 | 5% |
| 2012 | 189,631 | 166,983 | 22,648 | 7.7 | 17% |
| 2013 | 328,075 | 165,027 | 163,048 | 16.6 | 17% |
| 2014 | 284,819 | 221,370 | 63,449 | 16.0 | 11% |
| 2015 | 246,179 | 194,039 | 52,140 | 20.0 | 13% |
| 2016 | 322,940 | 249,769 | 73,171 | 19.1 | 20% |
| 2017 | 222,503 | 239,608 | −17,105 | 18.3 | 13% |
| 2018 | 305,558 | 204,107 | 101,451 | 27.9 | 29% |
| 2019 | 323,043 | 255,450 | 67,593 | 26.6 | 25% |
| 2020 | 257,930 | 210,333 | 47,597 | 32.6 | 23% |
| 2021 | 559,676 | 261,086 | 298,590 | 40.3 | 25% |
| 2022 | 334,141 | 279,901 | 54,240 | 35.4 | 23% |
| 2023 | 256,107 | 304,439 | −48,332 | 36.1 | 21% |
In its most recent public year (2023), this organization spent $48,332 more than it brought in. Its reserves stood at about 36.1 months of spending, up from 7.1 in 2011. Staff pay was 21% 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
Megans Wings Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works