Swim Torrance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 290,183 | 168,585 | 121,598 | 5.6 | 10% |
| 2011 | 265,115 | 252,995 | 12,120 | 2.2 | 53% |
| 2012 | 296,412 | 296,197 | 215 | 1.1 | 45% |
| 2015 | 376,159 | 384,770 | −8,611 | 1.7 | 45% |
| 2016 | 411,402 | 370,377 | 41,025 | 3.1 | 41% |
| 2017 | 430,565 | 455,501 | −24,936 | 1.9 | 42% |
| 2018 | 514,933 | 460,898 | 54,035 | 2.8 | 44% |
| 2019 | 611,880 | 598,224 | 13,656 | 2.6 | 36% |
| 2020 | 449,841 | 437,968 | 11,873 | 5.2 | 48% |
| 2021 | 838,125 | 577,755 | 260,370 | 8.4 | 36% |
| 2022 | 854,771 | 792,330 | 62,441 | 7.2 | 35% |
| 2023 | 969,798 | 820,017 | 149,781 | 8.6 | 37% |
In its most recent public year (2023), this organization brought in $149,781 more than it spent. Its reserves stood at about 8.6 months of spending, up from 5.6 in 2010. Staff pay was 37% 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
Swim Torrance's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works