Red Wave Swim Team
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 395,617 | 372,688 | 22,929 | 1.8 | 0% |
| 2012 | 412,161 | 409,126 | 3,035 | 1.8 | 0% |
| 2013 | 476,916 | 409,559 | 67,357 | 3.7 | 0% |
| 2014 | 493,188 | 546,425 | −53,237 | 1.6 | 14% |
| 2015 | 571,933 | 477,548 | 94,385 | 4.2 | 16% |
| 2016 | 477,479 | 522,426 | −44,947 | 2.8 | 14% |
| 2017 | 540,793 | 536,628 | 4,165 | 2.9 | 15% |
| 2018 | 764,595 | 726,027 | 38,568 | 2.7 | 11% |
| 2019 | 725,927 | 714,638 | 11,289 | 3.0 | 14% |
| 2020 | 596,862 | 664,867 | −68,005 | 2.0 | 14% |
| 2021 | 900,596 | 822,831 | 77,765 | 2.7 | 9% |
| 2022 | 902,418 | 773,759 | 128,659 | 4.9 | 12% |
| 2023 | 880,230 | 974,147 | −93,917 | 2.7 | 10% |
In its most recent public year (2023), this organization spent $93,917 more than it brought in. Its reserves stood at about 2.7 months of spending. Staff pay was 10% 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
Red Wave Swim Team's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works