Summit Basketball Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 51,550 | 34,233 | 17,317 | 6.1 | — |
| 2014 | 66,028 | 57,694 | 8,334 | 5.3 | — |
| 2015 | 86,846 | 67,212 | 19,634 | 8.1 | — |
| 2016 | 109,133 | 91,637 | 17,496 | 8.2 | — |
| 2017 | 126,542 | 118,125 | 8,417 | 7.2 | — |
| 2018 | 135,945 | 117,065 | 18,880 | 9.2 | — |
| 2019 | 124,690 | 128,438 | −3,748 | 8.1 | — |
| 2020 | 48,091 | 75,007 | −26,916 | 9.5 | — |
| 2021 | 174,897 | 159,738 | 15,159 | 5.6 | — |
| 2022 | 129,210 | 131,782 | −2,572 | 6.6 | — |
| 2023 | 177,188 | 151,824 | 25,364 | 7.7 | — |
In its most recent public year (2023), this organization brought in $25,364 more than it spent. Its reserves stood at about 7.7 months of spending, up from 6.1 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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