Women Of Merit Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 350,050 | 12,491 | 337,559 | 0.0 | 0% |
| 2021 | 50 | 38,541 | −38,491 | 95.2 | 0% |
| 2022 | 7,417 | 6,118 | 1,299 | 2.5 | — |
| 2023 | 13,569 | 22,751 | −9,182 | -4.8 | — |
In its most recent public year (2023), this organization spent $9,182 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.8 months), down from 0 in 2020.
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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