Middletown High School Sports Club Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $102,626 | $113,338 | −$10,712 | -30.2 | 7% |
| 2021 | $28,922 | $34,217 | −$5,295 | -101.9 | 0% |
| 2022 | $215,748 | $100,617 | $115,131 | -21.0 | 0% |
| 2023 | $187,611 | $131,049 | $56,562 | -10.7 | 13% |
In its most recent public year (2023), this organization brought in $56,562 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.7 months), up from -30.2 in 2020. Staff pay was 13% 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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