Shore Acres Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 172,787 | 183,055 | −10,268 | 33.1 | 12% |
| 2021 | 417,317 | 456,669 | −39,352 | 12.2 | 29% |
| 2022 | 425,744 | 424,073 | 1,671 | 13.2 | 41% |
| 2023 | 492,040 | 406,697 | 85,343 | 16.3 | 38% |
In its most recent public year (2023), this organization brought in $85,343 more than it spent. Its reserves stood at about 16.3 months of spending, down from 33.1 in 2020. Staff pay was 38% 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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