Upper Valley Rowing Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 129,259 | 101,857 | 27,402 | 51.5 | 11% |
| 2021 | 230,436 | 168,373 | 62,063 | 35.6 | 39% |
| 2022 | 279,963 | 164,751 | 115,212 | 44.8 | 28% |
| 2023 | 271,283 | 213,225 | 58,058 | 37.9 | 24% |
In its most recent public year (2023), this organization brought in $58,058 more than it spent. Its reserves stood at about 37.9 months of spending, down from 51.5 in 2020. Staff pay was 24% of spending. $218,415 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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