Cohasset Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,117,590 | 954,353 | 163,237 | 30.3 | 30% |
| 2021 | 1,123,882 | 951,677 | 172,205 | 32.6 | 35% |
| 2022 | 1,154,743 | 1,143,277 | 11,466 | 27.5 | 35% |
| 2023 | 1,294,899 | 1,220,768 | 74,131 | 26.5 | 35% |
In its most recent public year (2023), this organization brought in $74,131 more than it spent. Its reserves stood at about 26.5 months of spending, down from 30.3 in 2020. Staff pay was 35% 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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