Wake Forest College Birthplace Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 52,486 | 24,903 | 27,583 | 1443.2 | 0% |
| 2020 | 100,243 | 94,619 | 5,624 | 352.0 | 0% |
| 2021 | 181,614 | 74,334 | 107,280 | 470.4 | 0% |
| 2022 | 83,760 | 92,362 | −8,602 | 377.5 | 0% |
| 2023 | 561,673 | 372,109 | 189,564 | 100.3 | 0% |
In its most recent public year (2023), this organization brought in $189,564 more than it spent. Its reserves stood at about 100.3 months of spending, down from 1443.2 in 2019. Staff pay was 0% of spending. $472,418 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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