Lcyc Community Sailing And Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 75,706 | 70,247 | 5,459 | 19.9 | — |
| 2021 | 91,921 | 89,068 | 2,853 | 16.1 | — |
| 2022 | 92,540 | 92,971 | −431 | 15.3 | — |
| 2023 | 60,835 | 87,333 | −26,498 | 12.7 | — |
In its most recent public year (2023), this organization spent $26,498 more than it brought in. Its reserves stood at about 12.7 months of spending, down from 19.9 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
Lcyc Community Sailing And Education Foundation Inc'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