Wings Learning Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,943,199 | 1,907,826 | 35,373 | -2.5 | 56% |
| 2012 | 2,072,154 | 1,923,619 | 148,535 | -1.7 | 56% |
| 2013 | 3,228,527 | 2,193,751 | 1,034,776 | 4.2 | 58% |
| 2014 | 2,478,450 | 2,280,003 | 198,447 | 5.1 | 56% |
| 2015 | 2,930,612 | 2,643,203 | 287,409 | 5.6 | 60% |
| 2016 | 3,005,734 | 2,766,088 | 239,646 | 6.4 | 63% |
| 2017 | 3,111,934 | 2,943,993 | 167,941 | 6.7 | 57% |
| 2018 | 3,346,373 | 3,164,255 | 182,118 | 6.9 | 58% |
| 2019 | 3,573,546 | 3,469,021 | 104,525 | 6.7 | 65% |
| 2020 | 3,681,063 | 3,505,851 | 175,212 | 7.0 | 66% |
| 2021 | 3,308,296 | 3,145,670 | 162,626 | 8.5 | 57% |
| 2022 | 3,281,629 | 3,288,348 | −6,719 | 7.8 | 57% |
| 2023 | 2,420,170 | 3,365,627 | −945,457 | 4.4 | 54% |
In its most recent public year (2023), this organization spent $945,457 more than it brought in. Its reserves stood at about 4.4 months of spending, up from -2.5 in 2011. Staff pay was 54% of spending. $122,034 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 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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