Lincoln-Way Xplosion Basketball Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 173,907 | 170,564 | 3,343 | 2.6 | — |
| 2021 | 189,459 | 186,340 | 3,119 | 5.1 | — |
| 2022 | 203,765 | 198,319 | 5,446 | 4.8 | 0% |
| 2023 | 207,623 | 161,784 | 45,839 | 4.0 | 0% |
In its most recent public year (2023), this organization brought in $45,839 more than it spent. Its reserves stood at about 4 months of spending, up from 2.6 in 2020. 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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