Newport Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 775,845 | 709,059 | 66,786 | 14.3 | 38% |
| 2012 | 763,569 | 779,036 | −15,467 | 12.7 | 39% |
| 2013 | 786,363 | 820,078 | −33,715 | 11.5 | 36% |
| 2014 | 905,682 | 818,178 | 87,504 | 12.8 | 38% |
| 2015 | 988,994 | 862,507 | 126,487 | 13.9 | 38% |
| 2016 | 1,081,389 | 981,135 | 100,254 | 13.5 | 38% |
| 2017 | 1,137,580 | 984,120 | 153,460 | 15.3 | 37% |
| 2018 | 1,304,106 | 1,076,143 | 227,963 | 16.5 | 0% |
| 2019 | 1,261,761 | 1,209,177 | 52,584 | 15.3 | 38% |
| 2020 | 1,067,790 | 1,061,398 | 6,392 | 17.8 | 42% |
| 2021 | 1,330,018 | 1,107,291 | 222,727 | 19.5 | 37% |
| 2022 | 1,275,092 | 1,202,055 | 73,037 | 17.6 | 36% |
| 2023 | 1,484,448 | 1,246,366 | 238,082 | 19.5 | 41% |
In its most recent public year (2023), this organization brought in $238,082 more than it spent. Its reserves stood at about 19.5 months of spending, up from 14.3 in 2011. Staff pay was 41% of spending. $94,784 of its net assets are donor-restricted.
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
Newport Yacht Club Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works