everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Olde Forest Racquet Club Inc

Elon, NC / EIN 23-7221475 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011620,394580,20640,18813.945%
2012570,649538,64032,00915.644%
2013598,300536,83661,46417.044%
2014600,679582,73317,94616.145%
2015542,722594,958−52,23614.742%
2016561,066570,513−9,44715.142%
2017577,509565,91011,59915.542%
2018573,579563,6969,88315.742%
2019594,394621,768−27,37413.741%
2020568,870643,399−74,52911.843%
2021626,563692,728−66,1659.945%
2022790,107717,55272,55510.745%
2023883,117774,744108,37311.648%

In its most recent public year (2023), this organization brought in $108,373 more than it spent. Its reserves stood at about 11.6 months of spending, down from 13.9 in 2011. Staff pay was 48% 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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