Wear It Well Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 25,207 | 24,600 | 607 | 0.3 | — |
| 2019 | 77,736 | 67,147 | 10,589 | 1.9 | — |
| 2020 | 78,792 | 80,323 | −1,531 | 1.5 | — |
| 2021 | 103,004 | 105,761 | −2,757 | 0.8 | — |
| 2022 | 199,361 | 126,716 | 72,645 | 7.9 | — |
| 2023 | 122,931 | 77,115 | 45,816 | 2.5 | — |
In its most recent public year (2023), this organization brought in $45,816 more than it spent. Its reserves stood at about 2.5 months of spending, up from 0.3 in 2018.
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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