Solomons Island Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 327,145 | 287,575 | 39,570 | 44.4 | 27% |
| 2012 | 298,764 | 284,859 | 13,905 | 45.3 | 29% |
| 2013 | 290,918 | 275,923 | 14,995 | 47.6 | 30% |
| 2014 | 316,907 | 284,827 | 32,080 | 47.3 | 33% |
| 2015 | 271,303 | 269,446 | 1,857 | 50.1 | 33% |
| 2016 | 296,659 | 298,977 | −2,318 | 45.1 | 31% |
| 2017 | 297,204 | 263,496 | 33,708 | 52.7 | 34% |
| 2018 | 317,859 | 277,411 | 40,448 | 51.8 | 35% |
| 2019 | 295,773 | 303,231 | −7,458 | 47.0 | 34% |
| 2020 | 260,935 | 226,548 | 34,387 | 64.8 | 22% |
| 2021 | 381,049 | 302,062 | 78,987 | 51.7 | 33% |
| 2022 | 342,445 | 344,760 | −2,315 | 45.2 | 34% |
| 2023 | 427,752 | 384,487 | 43,265 | 41.9 | 37% |
In its most recent public year (2023), this organization brought in $43,265 more than it spent. Its reserves stood at about 41.9 months of spending, down from 44.4 in 2011. Staff pay was 37% 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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