Inverness Recreation Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,436 | 196,364 | 1,072 | 5.6 | 0% |
| 2012 | 202,633 | 209,590 | −6,957 | 4.9 | 0% |
| 2013 | 197,170 | 214,401 | −17,231 | 3.8 | 0% |
| 2014 | 200,377 | 221,963 | −21,586 | 2.1 | 0% |
| 2015 | 220,527 | 236,262 | −15,735 | 1.1 | 0% |
| 2016 | 228,299 | 235,662 | −7,363 | 0.8 | 0% |
| 2017 | 238,540 | 239,602 | −1,062 | 0.7 | 0% |
| 2018 | 225,459 | 232,350 | −6,891 | 0.4 | 0% |
| 2019 | 209,436 | 249,033 | −39,597 | -1.6 | 0% |
| 2020 | 101,703 | 191,105 | −89,402 | -7.7 | 0% |
| 2021 | 234,889 | 239,802 | −4,913 | -6.3 | 0% |
| 2022 | 317,690 | 279,910 | 37,780 | -3.8 | 0% |
| 2023 | 501,834 | 430,440 | 71,394 | -0.5 | 0% |
In its most recent public year (2023), this organization brought in $71,394 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.5 months), down from 5.6 in 2011. 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
Inverness Recreation 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