Nantucket Yacht Club Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 100,125 | 66,451 | 33,674 | 33.9 | — |
| 2019 | 89,280 | 51,372 | 37,908 | 52.7 | — |
| 2020 | 106,529 | 64,733 | 41,796 | 49.6 | — |
| 2021 | 50,669 | 136,592 | −85,923 | 16.0 | — |
| 2022 | 78,522 | 119,945 | −41,423 | 14.0 | — |
| 2023 | 134,055 | 62,947 | 71,108 | 40.3 | — |
In its most recent public year (2023), this organization brought in $71,108 more than it spent. Its reserves stood at about 40.3 months of spending, up from 33.9 in 2018.
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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