Piers Park Sailing Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 519,957 | 505,114 | 14,843 | 10.1 | 65% |
| 2021 | 1,099,316 | 812,276 | 287,040 | 10.4 | 64% |
| 2022 | 1,064,918 | 877,997 | 186,921 | 12.2 | 63% |
| 2023 | 1,733,739 | 1,178,842 | 554,897 | 14.7 | 62% |
In its most recent public year (2023), this organization brought in $554,897 more than it spent. Its reserves stood at about 14.7 months of spending, up from 10.1 in 2020. Staff pay was 62% of spending. $100,000 of its net assets are donor-restricted.
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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