Flood City Boxing Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 28,129 | 30,713 | −2,584 | 4.4 | — |
| 2016 | 40,851 | 43,043 | −2,192 | 2.5 | — |
| 2017 | 21,233 | 21,408 | −175 | 5.0 | — |
| 2018 | 22,851 | 30,292 | −7,441 | 0.6 | — |
| 2019 | 49,079 | 49,738 | −659 | 0.2 | — |
| 2020 | 51,110 | 50,672 | 438 | 0.3 | — |
| 2021 | 261,840 | 242,389 | 19,451 | 1.0 | 4% |
| 2022 | 996,716 | 946,156 | 50,560 | 1.0 | 45% |
| 2023 | 844,486 | 1,053,762 | −209,276 | -1.5 | 63% |
In its most recent public year (2023), this organization spent $209,276 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months), down from 4.4 in 2015. Staff pay was 63% 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
Flood City Boxing Academy Inc'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