Kingsway Elite Recreational Cheerleading Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,947 | 67,051 | 70,896 | 17.1 | — |
| 2021 | 108,291 | 89,354 | 18,937 | 15.4 | — |
| 2022 | 117,022 | 124,597 | −7,575 | 10.3 | — |
| 2023 | 85,251 | 132,021 | −46,770 | 6.2 | — |
In its most recent public year (2023), this organization spent $46,770 more than it brought in. Its reserves stood at about 6.2 months of spending, down from 17.1 in 2020.
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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