Usmma Sailing Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 4,423,287 | 4,092,385 | 330,902 | 90.5 | 2% |
| 2011 | 14,021,926 | 6,024,128 | 7,997,798 | 77.4 | 2% |
| 2012 | −8,588,532 | 5,171,871 | −13,760,403 | 58.2 | 4% |
| 2013 | 804,563 | 4,138,921 | −3,334,358 | 63.1 | 5% |
| 2014 | 5,442,431 | 4,375,397 | 1,067,034 | 62.6 | 8% |
| 2015 | 9,192,900 | 6,837,116 | 2,355,784 | 44.3 | 6% |
| 2016 | 3,897,622 | 5,611,416 | −1,713,794 | 50.3 | 10% |
| 2017 | 35,628,077 | 9,164,508 | 26,463,569 | 65.5 | 5% |
| 2018 | 11,364,744 | 13,206,545 | −1,841,801 | 43.8 | 4% |
| 2019 | 6,017,341 | 11,518,901 | −5,501,560 | 44.4 | 4% |
| 2020 | 5,647,289 | 9,014,836 | −3,367,547 | 52.3 | 6% |
| 2021 | 5,996,554 | 13,164,167 | −7,167,613 | 29.3 | 4% |
| 2022 | 23,174,349 | 14,502,572 | 8,671,777 | 33.7 | 4% |
| 2023 | 17,989,915 | 17,879,302 | 110,613 | 27.4 | 3% |
In its most recent public year (2023), this organization brought in $110,613 more than it spent. Its reserves stood at about 27.4 months of spending, down from 90.5 in 2010. Staff pay was 3% of spending. $481,242 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
Usmma Sailing Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. 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