Westbrook University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 64,258 | −64,258 | 3.5 | 0% |
| 2012 | 0 | 42,010 | −42,010 | 5.4 | 0% |
| 2013 | 0 | 47,009 | −47,009 | 4.9 | 0% |
| 2014 | 0 | 63,971 | −63,971 | 3.6 | 0% |
| 2015 | 107,791 | 94,503 | 13,288 | 2.5 | 0% |
| 2016 | 71,963 | 61,909 | 10,054 | 3.7 | 0% |
| 2017 | 419,158 | 195,344 | 223,814 | 0.7 | 77% |
| 2018 | 489,764 | 226,953 | 262,811 | 4.1 | 0% |
| 2019 | 544,248 | 237,929 | 306,319 | 3.9 | 0% |
| 2020 | 543,339 | 304,429 | 238,910 | 1.4 | 10% |
| 2021 | 559,076 | 771,145 | −212,069 | -2.7 | 4% |
| 2022 | 478,775 | 448,433 | 30,342 | -3.9 | 7% |
| 2023 | 348,178 | 258,455 | 89,723 | 3.5 | 12% |
In its most recent public year (2023), this organization brought in $89,723 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 12% 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
Westbrook University'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