Southwick Recreation Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 133,196 | 182,221 | −49,025 | 24.7 | — |
| 2021 | 345,122 | 192,819 | 152,303 | 32.9 | 42% |
| 2022 | 312,109 | 272,148 | 39,961 | 23.7 | 35% |
| 2023 | 387,347 | 320,889 | 66,458 | 23.3 | 39% |
In its most recent public year (2023), this organization brought in $66,458 more than it spent. Its reserves stood at about 23.3 months of spending, down from 24.7 in 2020. Staff pay was 39% 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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