Penn Yan Flying Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 216,076 | 231,378 | −15,302 | 25.0 | 10% |
| 2021 | 323,346 | 297,053 | 26,293 | 20.1 | 10% |
| 2022 | 294,472 | 287,246 | 7,226 | 19.9 | 10% |
| 2023 | 292,861 | 286,929 | 5,932 | 22.3 | 8% |
In its most recent public year (2023), this organization brought in $5,932 more than it spent. Its reserves stood at about 22.3 months of spending, down from 25 in 2020. Staff pay was 8% 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 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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