Muskegon Recreation Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 72,058 | 67,703 | 4,355 | 23.7 | — |
| 2021 | 124,056 | 85,570 | 38,486 | 25.3 | 52% |
| 2022 | 127,177 | 108,802 | 18,375 | 21.1 | 46% |
| 2023 | 148,591 | 117,094 | 31,497 | 22.8 | 47% |
In its most recent public year (2023), this organization brought in $31,497 more than it spent. Its reserves stood at about 22.8 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
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