Downtown Health Club Of Elmira N Y Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 65,107 | 60,664 | 4,443 | 5.2 | — |
| 2021 | 26,132 | 51,185 | −25,053 | 0.2 | — |
| 2022 | 50,634 | 64,975 | −14,341 | -2.5 | — |
| 2023 | 65,158 | 55,149 | 10,009 | -0.7 | — |
| 2024 | 59,591 | 61,248 | −1,657 | -1.0 | — |
In its most recent public year (2024), this organization spent $1,657 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 5.2 in 2020.
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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