Long Cove Boat Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 203,400 | 133,592 | 69,808 | 35.7 | 0% |
| 2017 | 116,400 | 103,836 | 12,564 | 47.4 | — |
| 2018 | 121,016 | 118,117 | 2,899 | 42.0 | — |
| 2019 | 268,936 | 162,864 | 106,072 | 38.3 | 0% |
| 2020 | 147,114 | 184,393 | −37,279 | 31.4 | 0% |
| 2021 | 213,885 | 174,012 | 39,873 | 36.0 | 0% |
| 2022 | 455,346 | 208,859 | 246,487 | 44.1 | 0% |
| 2023 | 540,629 | 258,521 | 282,108 | 48.8 | 0% |
In its most recent public year (2023), this organization brought in $282,108 more than it spent. Its reserves stood at about 48.8 months of spending, up from 35.7 in 2016. Staff pay was 0% 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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