Newport Boosters Club Inc C/O David A Wetmore
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 206,055 | 181,220 | 24,835 | 45.0 | 0% |
| 2013 | 186,125 | 143,360 | 42,765 | 64.6 | 0% |
| 2014 | 189,285 | 137,472 | 51,813 | 80.1 | 0% |
| 2015 | 193,934 | 231,311 | −37,377 | 45.5 | 0% |
| 2016 | 184,021 | 111,052 | 72,969 | 99.5 | 0% |
| 2017 | 200,218 | 162,290 | 37,928 | 78.7 | 0% |
| 2018 | 188,007 | 387,143 | −199,136 | 29.4 | 0% |
| 2019 | 224,376 | 230,786 | −6,410 | 51.3 | 0% |
| 2020 | 267,835 | 194,605 | 73,230 | 56.8 | 0% |
| 2021 | 101,814 | 68,470 | 33,344 | 212.2 | 0% |
| 2022 | 2,518,018 | 234,425 | 2,283,593 | 172.2 | 0% |
| 2023 | 370,001 | 319,950 | 50,051 | 132.7 | 0% |
| 2024 | 354,255 | 254,110 | 100,145 | 185.0 | 0% |
In its most recent public year (2024), this organization brought in $100,145 more than it spent. Its reserves stood at about 185 months of spending, up from 45 in 2012. Staff pay was 0% of spending. $3,917,970 of its net assets are donor-restricted.
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
Newport Boosters Club Inc C/O David A Wetmore's IRS filings as a feed — one entry per filing year, through 2024. 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