Northeast Harbor Sailing School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 338,557 | 315,162 | 23,395 | 25.8 | 30% |
| 2021 | 474,287 | 317,738 | 156,549 | 33.2 | 42% |
| 2022 | 564,534 | 322,260 | 242,274 | 39.0 | 46% |
In its most recent public year (2022), this organization brought in $242,274 more than it spent. Its reserves stood at about 39 months of spending, up from 25.8 in 2020. Staff pay was 46% of spending. $200,000 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 2022. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works