Charlotte Sports Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,430,646 | 9,451,311 | −20,665 | -0.7 | 7% |
| 2015 | 12,235,352 | 12,118,697 | 116,655 | -0.5 | 6% |
| 2016 | 21,793,988 | 21,776,198 | 17,790 | 0.8 | 4% |
| 2017 | 8,962,258 | 8,379,955 | 582,303 | 3.0 | 8% |
| 2018 | 25,333,275 | 20,026,993 | 5,306,282 | 4.5 | 4% |
| 2019 | 19,316,303 | 19,804,438 | −488,135 | 4.2 | 4% |
| 2020 | 13,711,086 | 17,344,026 | −3,632,940 | 2.4 | 6% |
| 2021 | 17,786,465 | 4,490,237 | 13,296,228 | 44.6 | 21% |
| 2022 | 23,218,983 | 25,339,679 | −2,120,696 | 7.1 | 5% |
| 2023 | 18,481,910 | 16,064,841 | 2,417,069 | 13.0 | 8% |
In its most recent public year (2023), this organization brought in $2,417,069 more than it spent. Its reserves stood at about 13 months of spending, up from -0.7 in 2014. Staff pay was 8% of spending. $10,945,415 of its net assets are donor-restricted.
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
Charlotte Sports Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works