Salem Willows Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 91,536 | 115,365 | −23,829 | 14.6 | — |
| 2021 | 91,657 | 101,995 | −10,338 | 15.3 | — |
| 2022 | 101,227 | 87,296 | 13,931 | 4.5 | — |
| 2023 | 107,698 | 97,621 | 10,077 | 5.2 | — |
In its most recent public year (2023), this organization brought in $10,077 more than it spent. Its reserves stood at about 5.2 months of spending, down from 14.6 in 2020.
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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