Outer Banks Sporting Events Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 916,555 | 926,738 | −10,183 | 0.6 | 21% |
| 2012 | 1,461,843 | 958,083 | 503,760 | 6.9 | 21% |
| 2013 | 1,076,754 | 1,066,946 | 9,808 | 6.3 | 18% |
| 2014 | 1,036,969 | 1,042,454 | −5,485 | 6.4 | 18% |
| 2015 | 923,996 | 939,520 | −15,524 | 6.9 | 21% |
| 2016 | 916,628 | 1,257,734 | −341,106 | 1.9 | 16% |
| 2017 | 768,456 | 828,484 | −60,028 | 2.1 | 21% |
| 2018 | 363,452 | 563,928 | −200,476 | -1.2 | 24% |
| 2019 | 528,816 | 466,896 | 61,920 | 0.1 | 22% |
| 2020 | 163,977 | 156,619 | 7,358 | 0.8 | 40% |
| 2021 | 98,176 | 163,187 | −65,011 | -4.8 | 27% |
| 2022 | 382,997 | 404,703 | −21,706 | -2.8 | 19% |
In its most recent public year (2022), this organization spent $21,706 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.8 months), down from 0.6 in 2011. Staff pay was 19% 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 2022. 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
Outer Banks Sporting Events Inc's IRS filings as a feed — one entry per filing year, through 2022. 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