Watts Of Power Foundation Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 25,000 | 12,000 | 13,000 | 13.0 | — |
| 2022 | 158,023 | 47,643 | 110,380 | 28.4 | 40% |
| 2023 | 404,574 | 170,971 | 233,603 | 24.3 | 29% |
| 2024 | 639,895 | 728,046 | −88,151 | 4.3 | 33% |
In its most recent public year (2024), this organization spent $88,151 more than it brought in. Its reserves stood at about 4.3 months of spending, down from 13 in 2021. Staff pay was 33% 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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