Fairhope Area Swim Team
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 62,821 | 48,981 | 13,840 | 5.7 | — |
| 2021 | 64,543 | 50,493 | 14,050 | 3.7 | — |
| 2022 | 75,733 | 65,111 | 10,622 | 4.8 | — |
In its most recent public year (2022), this organization brought in $10,622 more than it spent. Its reserves stood at about 4.8 months 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 2022. 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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