Wet Pants Sailing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 153,071 | 104,043 | 49,028 | 5.7 | — |
| 2014 | 101,057 | 101,674 | −617 | 5.8 | — |
| 2015 | 106,270 | 113,317 | −7,047 | 4.4 | — |
| 2016 | 105,673 | 83,594 | 22,079 | 10.3 | — |
| 2017 | 108,200 | 116,205 | −8,005 | 6.7 | — |
| 2018 | 108,527 | 120,212 | −11,685 | 6.3 | — |
| 2019 | 100,403 | 97,513 | 2,890 | 9.5 | — |
| 2020 | 84,208 | 69,716 | 14,492 | 15.8 | — |
| 2021 | 91,400 | 79,089 | 12,311 | 15.8 | — |
| 2022 | 95,636 | 104,229 | −8,593 | 11.0 | — |
| 2023 | 98,925 | 105,430 | −6,505 | 10.1 | — |
In its most recent public year (2023), this organization spent $6,505 more than it brought in. Its reserves stood at about 10.1 months of spending, up from 5.7 in 2013.
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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