Queens Nassau Comets
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 73,628 | 74,029 | −401 | -0.1 | — |
| 2021 | 117,385 | 122,210 | −4,825 | -0.3 | — |
| 2022 | 99,130 | 119,590 | −20,460 | -2.4 | — |
| 2023 | 126,205 | 121,261 | 4,944 | -1.8 | — |
In its most recent public year (2023), this organization brought in $4,944 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), down from -0.1 in 2015.
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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