Lower Merion Aquatic Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 218,141 | 241,025 | −22,884 | 5.6 | 33% |
| 2022 | 313,551 | 279,885 | 33,666 | 6.3 | 24% |
| 2023 | 322,107 | 293,456 | 28,651 | 7.1 | 47% |
In its most recent public year (2023), this organization brought in $28,651 more than it spent. Its reserves stood at about 7.1 months of spending, up from 5.6 in 2021. Staff pay was 47% 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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