Canfield Swim Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 228,392 | 253,739 | −25,347 | 20.7 | 37% |
| 2020 | 206,400 | 242,514 | −36,114 | 19.9 | 39% |
| 2021 | 356,190 | 300,262 | 55,928 | 18.3 | 38% |
| 2022 | 276,320 | 336,415 | −60,095 | 14.2 | 33% |
| 2023 | 351,894 | 316,904 | 34,990 | 16.4 | 35% |
In its most recent public year (2023), this organization brought in $34,990 more than it spent. Its reserves stood at about 16.4 months of spending, down from 20.7 in 2019. Staff pay was 35% 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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