everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Inverness Country Club

Chelsea, MI / EIN 38-0680025 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011278,916325,054−46,1386.830%
2012277,342297,194−19,8526.631%
2013296,584281,89114,6937.633%
2014278,328304,320−25,9926.033%
2015292,656304,138−11,4826.133%
2016291,700321,563−29,8635.232%
2017281,022298,129−17,1075.131%
2018324,312287,42736,8856.835%
2019286,373282,8053,5687.735%
2020340,755288,29152,46410.035%
2021396,741309,88586,85612.635%
2022511,699369,900141,79915.235%
2023601,148448,322152,82616.635%

In its most recent public year (2023), this organization brought in $152,826 more than it spent. Its reserves stood at about 16.6 months of spending, up from 6.8 in 2011. 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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