Charlevoix Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,950 | 20,768 | −4,818 | 2.0 | — |
| 2021 | 89,760 | 68,820 | 20,940 | 4.3 | — |
| 2022 | 189,964 | 162,270 | 27,694 | 3.9 | 0% |
| 2023 | 190,038 | 201,375 | −11,337 | 2.4 | 0% |
In its most recent public year (2023), this organization spent $11,337 more than it brought in. Its reserves stood at about 2.4 months of spending. Staff pay was 0% 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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