Fox Hill Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,131 | 279,186 | −99,055 | 9.3 | 10% |
| 2021 | 284,238 | 307,445 | −23,207 | 7.5 | 8% |
| 2022 | 371,109 | 390,560 | −19,451 | 5.3 | 11% |
| 2023 | 406,159 | 406,230 | −71 | 5.1 | 9% |
In its most recent public year (2023), this organization spent $71 more than it brought in. Its reserves stood at about 5.1 months of spending, down from 9.3 in 2020. Staff pay was 9% 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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