Essex Flying Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 22,150 | 19,292 | 2,858 | 1.8 | — |
| 2018 | 18,760 | 23,398 | −4,638 | 1.1 | — |
| 2019 | 24,809 | 26,186 | −1,377 | 0.3 | — |
| 2020 | 20,792 | 18,757 | 2,035 | 1.8 | — |
In its most recent public year (2020), this organization brought in $2,035 more than it spent. Its reserves stood at about 1.8 months 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 2020. 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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