Lake Ontario Optimist Sailing Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 50,700 | 50,250 | 450 | 0.1 | — |
| 2014 | 90,099 | 85,299 | 4,800 | 0.7 | — |
| 2015 | 86,137 | 80,137 | 6,000 | 1.7 | — |
| 2016 | 79,971 | 73,971 | 6,000 | 2.8 | — |
| 2017 | 90,489 | 61,988 | 28,501 | 8.9 | — |
| 2018 | 69,547 | 79,857 | −10,310 | 5.3 | — |
| 2019 | 81,638 | 103,278 | −21,640 | 1.6 | — |
| 2020 | 66,362 | 59,857 | 6,505 | 4.1 | — |
| 2021 | 120,288 | 105,628 | 14,660 | 4.0 | — |
| 2022 | 141,725 | 124,612 | 17,113 | 5.0 | — |
| 2023 | 145,594 | 142,399 | 3,195 | 4.7 | — |
In its most recent public year (2023), this organization brought in $3,195 more than it spent. Its reserves stood at about 4.7 months of spending, up from 0.1 in 2013.
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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