Wellness Studios Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 190,111 | 251,445 | −61,334 | -2.9 | — |
| 2021 | 463,039 | 464,684 | −1,645 | -1.6 | 76% |
| 2022 | 523,387 | 521,369 | 2,018 | -1.4 | 86% |
| 2023 | 426,150 | 479,517 | −53,367 | -2.9 | 67% |
In its most recent public year (2023), this organization spent $53,367 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.9 months). Staff pay was 67% 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 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
Wellness Studios Inc's IRS filings as a feed — one entry per filing year, through 2023. 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