Ely Igloo Snowmobile Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 105,913 | 115,631 | −9,718 | 15.6 | 26% |
| 2020 | 117,323 | 109,224 | 8,099 | 17.4 | 26% |
| 2021 | 122,232 | 77,715 | 44,517 | 28.4 | 29% |
| 2022 | 157,667 | 150,642 | 7,025 | 15.2 | 22% |
| 2023 | 334,704 | 176,065 | 158,639 | 23.8 | 21% |
In its most recent public year (2023), this organization brought in $158,639 more than it spent. Its reserves stood at about 23.8 months of spending, up from 15.6 in 2019. Staff pay was 21% 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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