Bare Hill Rowing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 365,071 | 357,087 | 7,984 | 12.0 | 39% |
| 2020 | 268,621 | 275,220 | −6,599 | 15.3 | 50% |
| 2021 | 339,974 | 305,795 | 34,179 | 15.1 | 40% |
| 2022 | 416,547 | 364,074 | 52,473 | 14.4 | 36% |
| 2023 | 470,629 | 378,554 | 92,075 | 16.8 | 41% |
In its most recent public year (2023), this organization brought in $92,075 more than it spent. Its reserves stood at about 16.8 months of spending, up from 12 in 2019. Staff pay was 41% of spending. $4,155 of its net assets are donor-restricted.
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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