Lorain Harbor Boat Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 87,804 | 104,093 | −16,289 | -11.7 | — |
| 2012 | 101,177 | 100,767 | 410 | -12.1 | — |
| 2013 | 90,946 | 102,971 | −12,025 | -13.2 | — |
| 2014 | 100,978 | 102,124 | −1,146 | -13.4 | — |
| 2015 | 91,223 | 102,651 | −11,428 | -14.7 | — |
| 2016 | 100,562 | 88,420 | 12,142 | -12.5 | — |
| 2017 | 66,979 | 82,588 | −15,609 | -15.6 | — |
| 2018 | 88,353 | 82,421 | 5,932 | -15.5 | — |
| 2019 | 128,542 | 82,648 | 45,894 | -8.7 | — |
| 2020 | 110,818 | 86,523 | 24,295 | -5.0 | — |
| 2021 | 173,525 | 110,833 | 62,692 | 2.9 | — |
| 2022 | 174,450 | 77,458 | 96,992 | 19.2 | — |
| 2023 | 181,063 | 184,474 | −3,411 | 7.8 | — |
In its most recent public year (2023), this organization spent $3,411 more than it brought in. Its reserves stood at about 7.8 months of spending, up from -11.7 in 2011.
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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