Keweenaw Atv Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 109,855 | 81,383 | 28,472 | 6.5 | — |
| 2020 | 37,509 | 70,222 | −32,713 | 2.0 | — |
| 2021 | 157,335 | 160,431 | −3,096 | 0.6 | — |
| 2022 | 184,287 | 173,549 | 10,738 | 1.3 | — |
| 2023 | 129,904 | 157,382 | −27,478 | -0.6 | — |
In its most recent public year (2023), this organization spent $27,478 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), down from 6.5 in 2019.
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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