Carolina Aquatics Swim Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 236,369 | 303,837 | −67,468 | 2.0 | 48% |
| 2021 | 441,495 | 412,811 | 28,684 | 2.3 | 42% |
| 2022 | 303,251 | 313,923 | −10,672 | 2.6 | 39% |
| 2023 | 536,009 | 508,306 | 27,703 | 3.3 | 41% |
| 2024 | 561,963 | 537,684 | 24,279 | 3.6 | 43% |
In its most recent public year (2024), this organization brought in $24,279 more than it spent. Its reserves stood at about 3.6 months of spending, up from 2 in 2020. Staff pay was 43% 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 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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