everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Palmers Cove Yacht Club Inc

Salem, MA / EIN 04-1700347 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2010317,526293,10924,41734.29%
2011312,990322,127−9,13731.18%
2012276,761268,2608,50137.78%
2013323,418338,249−14,83127.820%
2014316,388359,858−43,47024.721%
2015424,143349,80574,33828.023%
2016547,235389,122158,11330.221%
2017484,662457,57427,08825.819%
2018520,780400,781119,99933.822%
2019527,470387,863139,60739.223%
2020331,953304,13327,82051.622%
2021505,004363,648141,35647.923%
2022553,515477,56375,95238.322%
2023515,336548,545−33,20932.719%

In its most recent public year (2023), this organization spent $33,209 more than it brought in. Its reserves stood at about 32.7 months of spending, down from 34.2 in 2010. 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 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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