Midland Soccer Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 574,687 | 647,685 | −72,998 | 64.5 | 14% |
| 2013 | 687,347 | 729,995 | −42,648 | 56.5 | 15% |
| 2014 | 748,322 | 720,725 | 27,597 | 57.7 | 12% |
| 2015 | 780,386 | 710,287 | 70,099 | 59.7 | 13% |
| 2016 | 807,477 | 734,834 | 72,643 | 58.9 | 13% |
| 2017 | 724,217 | 749,934 | −25,717 | 57.3 | 14% |
| 2018 | 756,000 | 785,101 | −29,101 | 54.3 | 15% |
| 2019 | 787,204 | 744,112 | 43,092 | 58.0 | 15% |
| 2020 | 527,090 | 592,390 | −65,300 | 71.5 | 19% |
| 2021 | 589,049 | 606,133 | −17,084 | 69.6 | 24% |
| 2022 | 714,287 | 765,747 | −51,460 | 54.3 | 20% |
| 2023 | 935,877 | 819,220 | 116,657 | 52.4 | 21% |
| 2024 | 981,396 | 999,704 | −18,308 | 42.8 | 20% |
In its most recent public year (2024), this organization spent $18,308 more than it brought in. Its reserves stood at about 42.8 months of spending, down from 64.5 in 2012. Staff pay was 20% 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 2024. 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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