Belmont Aquatic Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 132,802 | 151,592 | −18,790 | 11.0 | 42% |
| 2021 | 164,009 | 160,462 | 3,547 | 10.6 | 44% |
| 2022 | 194,096 | 155,431 | 38,665 | 13.9 | 42% |
| 2023 | 237,456 | 142,096 | 95,360 | 23.2 | 49% |
| 2024 | 216,878 | 181,235 | 35,643 | 20.6 | 50% |
In its most recent public year (2024), this organization brought in $35,643 more than it spent. Its reserves stood at about 20.6 months of spending, up from 11 in 2020. Staff pay was 50% 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 2024. 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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