Gateway Sports & Pools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 623,399 | 953,050 | −329,651 | -0.4 | 46% |
| 2021 | 539,398 | 688,213 | −148,815 | -3.1 | 48% |
| 2022 | 541,828 | 739,265 | −197,437 | -6.1 | 42% |
| 2023 | 250,763 | 491,662 | −240,899 | -15.1 | 43% |
In its most recent public year (2023), this organization spent $240,899 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-15.1 months), down from -0.4 in 2020. Staff pay was 43% 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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