Landing School Of Boatbuilding And Design
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,420,802 | 2,481,412 | −60,610 | 9.0 | 44% |
| 2021 | 2,445,752 | 2,531,266 | −85,514 | 9.5 | 46% |
| 2022 | 2,417,184 | 2,401,143 | 16,041 | 9.2 | 48% |
| 2023 | 2,338,605 | 2,232,078 | 106,527 | 10.7 | 53% |
In its most recent public year (2023), this organization brought in $106,527 more than it spent. Its reserves stood at about 10.7 months of spending, up from 9 in 2020. Staff pay was 53% of spending. $697,763 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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