Wilshire Drive Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 109,047 | 121,418 | −12,371 | -40.5 | 12% |
| 2021 | 108,964 | 116,027 | −7,063 | -43.1 | 13% |
| 2022 | 109,954 | 134,411 | −24,457 | -39.4 | 0% |
| 2023 | 114,757 | 134,723 | −19,966 | -41.1 | 0% |
| 2024 | 120,680 | 125,389 | −4,709 | -44.6 | 0% |
In its most recent public year (2024), this organization spent $4,709 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-44.6 months), down from -40.5 in 2020. 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 2024. 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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