Kiwanis Club Of Southport-Oakisland Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,305 | 42,751 | 21,554 | 39.3 | — |
| 2013 | 60,622 | 42,564 | 18,058 | 44.6 | — |
| 2014 | 36,828 | 51,309 | −14,481 | 33.6 | — |
| 2015 | 62,258 | 60,672 | 1,586 | 28.7 | — |
| 2016 | 59,038 | 50,241 | 8,797 | 36.8 | — |
| 2017 | 50,250 | 46,285 | 3,965 | 41.0 | — |
| 2018 | 69,077 | 65,625 | 3,452 | 29.5 | — |
| 2019 | 43,062 | 54,960 | −11,898 | 32.7 | — |
| 2020 | 29,302 | 48,489 | −19,187 | 32.3 | — |
| 2021 | 41,175 | 32,995 | 8,180 | 50.4 | — |
| 2022 | 86,345 | 67,189 | 19,156 | 28.6 | 0% |
| 2023 | 152,532 | 78,002 | 74,530 | 35.7 | 0% |
In its most recent public year (2023), this organization brought in $74,530 more than it spent. Its reserves stood at about 35.7 months of spending, down from 39.3 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 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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