Edina Swim Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 611,075 | 554,692 | 56,383 | 7.3 | 55% |
| 2021 | 736,378 | 639,775 | 96,603 | 8.2 | 51% |
| 2022 | 917,580 | 875,692 | 41,888 | 6.5 | 42% |
| 2023 | 928,428 | 888,712 | 39,716 | 7.0 | 49% |
In its most recent public year (2023), this organization brought in $39,716 more than it spent. Its reserves stood at about 7 months of spending. Staff pay was 49% 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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