Wings For Kids
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,884,515 | 6,040,638 | −156,123 | 7.8 | 66% |
| 2021 | 3,645,332 | 4,021,955 | −376,623 | 10.5 | 53% |
| 2022 | 5,572,457 | 4,947,836 | 624,621 | 10.0 | 55% |
| 2023 | 4,634,881 | 5,322,183 | −687,302 | 7.8 | 55% |
In its most recent public year (2023), this organization spent $687,302 more than it brought in. Its reserves stood at about 7.8 months of spending. Staff pay was 55% of spending. $57,000 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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