Navy Club Of Rockford Ship 1
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2019 | $135,231 | $153,706 | −$18,475 | 3.8 | 48% |
| 2020 | $116,790 | $120,163 | −$3,373 | 4.5 | 38% |
| 2021 | $134,949 | $153,010 | −$18,061 | 2.1 | 43% |
| 2022 | $174,508 | $191,672 | −$17,164 | 0.6 | 50% |
| 2023 | $161,865 | $182,484 | −$20,619 | -0.7 | 37% |
In its most recent public year (2023), this organization spent $20,619 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 3.8 in 2019. Staff pay was 37% 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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