Mark Sorensen Youth Sailing Programinc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $59,932 | $51,772 | $8,160 | 5.2 | — |
| 2021 | $87,054 | $65,265 | $21,789 | 8.1 | — |
| 2022 | $122,767 | $107,474 | $15,293 | 6.6 | — |
| 2023 | $126,603 | $144,542 | −$17,939 | 3.4 | — |
| 2024 | $79,789 | $97,133 | −$17,344 | 3.0 | — |
In its most recent public year (2024), this organization spent $17,344 more than it brought in. Its reserves stood at about 3 months of spending, down from 5.2 in 2020.
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 2024. 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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