Megansett Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,620 | 134,343 | 4,277 | 22.7 | — |
| 2012 | 249,942 | 123,356 | 126,586 | 37.0 | 40% |
| 2013 | 306,352 | 163,469 | 142,883 | 38.4 | 30% |
| 2014 | 186,867 | 163,823 | 23,044 | 40.0 | 31% |
| 2015 | 188,659 | 172,500 | 16,159 | 39.2 | 34% |
| 2016 | 181,619 | 192,733 | −11,114 | 34.4 | 31% |
| 2017 | 178,905 | 198,018 | −19,113 | 32.3 | 29% |
| 2018 | 224,013 | 205,445 | 18,568 | 32.2 | 28% |
| 2019 | 193,404 | 201,719 | −8,315 | 32.3 | 31% |
| 2020 | 174,821 | 185,472 | −10,651 | 34.4 | 35% |
| 2021 | 209,175 | 244,958 | −35,783 | 24.3 | 36% |
| 2022 | 285,283 | 332,589 | −47,306 | 13.7 | 28% |
| 2023 | 291,693 | 297,480 | −5,787 | 15.0 | 28% |
In its most recent public year (2023), this organization spent $5,787 more than it brought in. Its reserves stood at about 15 months of spending, down from 22.7 in 2011. Staff pay was 28% 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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