Shipleys Choice Swim Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 329,921 | 380,477 | −50,556 | 2.0 | 0% |
| 2013 | 332,736 | 338,679 | −5,943 | 2.0 | 0% |
| 2014 | 326,506 | 360,786 | −34,280 | 0.8 | 0% |
| 2015 | 330,638 | 353,484 | −22,846 | 0.0 | 0% |
| 2016 | 329,065 | 356,706 | −27,641 | -0.9 | 0% |
| 2017 | 369,329 | 374,828 | −5,499 | -1.1 | 0% |
| 2018 | 375,616 | 438,800 | −63,184 | -2.6 | 0% |
| 2019 | 383,028 | 409,367 | −26,339 | -3.6 | 0% |
| 2020 | 378,047 | 442,527 | −64,480 | -5.1 | 0% |
| 2021 | 370,913 | 413,255 | −42,342 | -6.7 | 0% |
| 2022 | 395,481 | 445,758 | −50,277 | -7.5 | 0% |
| 2023 | 412,153 | 506,655 | −94,502 | -8.9 | 0% |
| 2024 | 448,015 | 493,891 | −45,876 | -10.2 | 0% |
In its most recent public year (2024), this organization spent $45,876 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.2 months), down from 2 in 2012. 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 2024. 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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