Severn Athletic Club Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 279,633 | 277,255 | 2,378 | 4.1 | 0% |
| 2020 | 146,578 | 138,006 | 8,572 | 9.1 | 0% |
| 2021 | 208,344 | 208,344 | 0 | 8.3 | 0% |
| 2022 | 303,384 | 290,264 | 13,120 | 6.5 | 0% |
In its most recent public year (2022), this organization brought in $13,120 more than it spent. Its reserves stood at about 6.5 months of spending, up from 4.1 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 2022. 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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