Norwood Nuggets Skating Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 324,868 | 345,307 | −20,439 | 7.5 | 0% |
| 2021 | 371,220 | 332,456 | 38,764 | 9.2 | 0% |
| 2022 | 358,030 | 376,143 | −18,113 | 7.5 | 0% |
| 2023 | 390,404 | 353,652 | 36,752 | 6.1 | 0% |
| 2024 | 350,170 | 350,668 | −498 | 6.1 | 0% |
In its most recent public year (2024), this organization spent $498 more than it brought in. Its reserves stood at about 6.1 months of spending, down from 7.5 in 2020. Staff pay was 0% 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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