North Channel Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 73,139 | 71,461 | 1,678 | 38.4 | 0% |
| 2013 | 154,063 | 76,782 | 77,281 | 47.8 | 0% |
| 2014 | 46,652 | 80,450 | −33,798 | 40.6 | 0% |
| 2015 | 85,870 | 155,290 | −69,420 | 15.7 | 0% |
| 2016 | 101,697 | 94,123 | 7,574 | 26.8 | 0% |
| 2018 | 128,381 | 97,339 | 31,042 | 26.9 | 0% |
| 2019 | 90,755 | 93,890 | −3,135 | 27.5 | 0% |
| 2020 | 90,234 | 83,970 | 6,264 | 31.6 | 0% |
| 2021 | 67,229 | 77,484 | −10,255 | 32.7 | 0% |
| 2022 | 76,686 | 79,047 | −2,361 | 31.7 | 0% |
| 2023 | 77,337 | 78,381 | −1,044 | 30.9 | 0% |
| 2024 | 80,068 | 80,624 | −556 | 29.9 | 0% |
In its most recent public year (2024), this organization spent $556 more than it brought in. Its reserves stood at about 29.9 months of spending, down from 38.4 in 2012. Staff pay was 0% of spending.
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 2024. 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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