Underwood Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 243,849 | 213,452 | 30,397 | 72.7 | 23% |
| 2013 | 220,509 | 205,658 | 14,851 | 76.3 | 25% |
| 2014 | 202,025 | 199,143 | 2,882 | 79.0 | 24% |
| 2015 | 286,722 | 202,685 | 84,037 | 82.6 | 25% |
| 2016 | 253,940 | 195,112 | 58,828 | 89.4 | 24% |
| 2017 | 212,741 | 193,695 | 19,046 | 91.2 | 24% |
| 2018 | 215,916 | 187,503 | 28,413 | 96.1 | 25% |
| 2019 | 235,469 | 228,334 | 7,135 | 79.3 | 21% |
| 2020 | 222,090 | 239,247 | −17,157 | 74.8 | 21% |
| 2021 | 248,789 | 230,637 | 18,152 | 78.5 | 21% |
| 2022 | 219,219 | 235,922 | −16,703 | 75.9 | 23% |
| 2023 | 218,156 | 229,114 | −10,958 | 77.6 | 22% |
| 2024 | 229,655 | 248,462 | −18,807 | 70.7 | 21% |
In its most recent public year (2024), this organization spent $18,807 more than it brought in. Its reserves stood at about 70.7 months of spending, down from 72.7 in 2012. Staff pay was 21% 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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