Wequaquet Lake Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,649 | 154,506 | −28,857 | 7.6 | — |
| 2021 | 190,226 | 147,464 | 42,762 | 11.5 | — |
| 2022 | 189,233 | 178,624 | 10,609 | 10.2 | — |
| 2023 | 199,950 | 203,567 | −3,617 | 8.7 | — |
In its most recent public year (2023), this organization spent $3,617 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 7.6 in 2020.
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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