Springwood Swimming Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 161,742 | 202,697 | −40,955 | 31.7 | 0% |
| 2020 | 12,468 | 72,553 | −60,085 | 78.6 | 0% |
| 2021 | 175,869 | 214,092 | −38,223 | 10.8 | 0% |
| 2022 | 2 | 23,805 | −23,803 | 81.1 | 0% |
| 2023 | 694 | 11,123 | −10,429 | 162.4 | 0% |
In its most recent public year (2023), this organization spent $10,429 more than it brought in. Its reserves stood at about 162.4 months of spending, up from 31.7 in 2019. Staff pay was 0% 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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