Greenwood Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 249,211 | 325,007 | −75,796 | -3.0 | 46% |
| 2021 | 325,844 | 339,283 | −13,439 | -3.3 | 45% |
| 2022 | 324,376 | 367,050 | −42,674 | -4.5 | 44% |
| 2023 | 331,188 | 373,266 | −42,078 | -5.8 | 43% |
In its most recent public year (2023), this organization spent $42,078 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.8 months), down from -3 in 2020. Staff pay was 43% 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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