Wheatfield Local Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 95,791 | 62,072 | 33,719 | 6.0 | — |
| 2019 | 268,253 | 194,905 | 73,348 | 6.4 | 0% |
| 2020 | 12,852 | 14,653 | −1,801 | 84.0 | 0% |
| 2021 | 1,368 | 4,128 | −2,760 | 290.1 | — |
In its most recent public year (2021), this organization spent $2,760 more than it brought in. Its reserves stood at about 290.1 months of spending, up from 6 in 2017.
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
Wheatfield Local Development Corporation's IRS filings as a feed — one entry per filing year, through 2021. 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