Little Traverse Sailors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 177,421 | 194,815 | −17,394 | 12.6 | — |
| 2012 | 202,892 | 199,164 | 3,728 | 12.7 | 47% |
| 2013 | 158,599 | 193,758 | −35,159 | 10.8 | — |
| 2014 | 237,119 | 185,641 | 51,478 | 14.7 | 47% |
| 2015 | 162,150 | 159,836 | 2,314 | 17.2 | — |
| 2016 | 297,153 | 194,981 | 102,172 | 21.2 | 40% |
| 2017 | 206,471 | 195,885 | 10,586 | 21.8 | 40% |
| 2018 | 171,576 | 192,748 | −21,172 | 20.9 | — |
| 2019 | 176,375 | 181,787 | −5,412 | 21.7 | — |
| 2020 | 110,816 | 170,456 | −59,640 | 19.1 | — |
| 2021 | 242,896 | 206,702 | 36,194 | 18.2 | 39% |
| 2022 | 270,580 | 264,406 | 6,174 | 13.8 | 44% |
| 2023 | 274,609 | 289,541 | −14,932 | 12.2 | 47% |
In its most recent public year (2023), this organization spent $14,932 more than it brought in. Its reserves stood at about 12.2 months of spending. Staff pay was 47% 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
Little Traverse Sailors's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works