Teaneck Swim Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 276,426 | 352,454 | −76,028 | 15.6 | 42% |
| 2021 | 404,582 | 338,103 | 66,479 | 18.2 | 1% |
| 2022 | 341,528 | 416,632 | −75,104 | 12.6 | 38% |
| 2023 | 302,131 | 399,141 | −97,010 | 10.3 | 40% |
In its most recent public year (2023), this organization spent $97,010 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 15.6 in 2020. Staff pay was 40% 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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