Nantucket Golf Club Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,391,769 | 1,571,797 | 819,972 | 49.0 | 0% |
| 2021 | 4,253,618 | 1,541,152 | 2,712,466 | 71.1 | 0% |
| 2022 | 3,762,593 | 1,958,931 | 1,803,662 | 67.0 | 0% |
| 2023 | 4,559,367 | 2,171,722 | 2,387,645 | 73.6 | 4% |
In its most recent public year (2023), this organization brought in $2,387,645 more than it spent. Its reserves stood at about 73.6 months of spending, up from 49 in 2020. Staff pay was 4% 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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