Southern Maryland Sailing Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 76,638 | 75,459 | 1,179 | 28.7 | 0% |
| 2012 | 90,582 | 71,162 | 19,420 | 31.2 | 0% |
| 2013 | 94,162 | 72,069 | 22,093 | 37.0 | 0% |
| 2014 | 90,970 | 75,950 | 15,020 | 37.4 | 0% |
| 2015 | 129,331 | 121,291 | 8,040 | 24.4 | 10% |
| 2016 | 158,897 | 157,433 | 1,464 | 18.9 | 12% |
| 2017 | 173,553 | 167,106 | 6,447 | 18.3 | 13% |
| 2018 | 182,915 | 179,581 | 3,334 | 17.3 | 18% |
| 2019 | 199,152 | 180,921 | 18,231 | 18.3 | 19% |
| 2020 | 148,822 | 114,445 | 34,377 | 32.6 | 1% |
| 2021 | 216,356 | 196,375 | 19,981 | 20.2 | 14% |
| 2022 | 196,697 | 221,321 | −24,624 | 16.6 | 7% |
| 2023 | 243,486 | 201,400 | 42,086 | 20.8 | 11% |
In its most recent public year (2023), this organization brought in $42,086 more than it spent. Its reserves stood at about 20.8 months of spending, down from 28.7 in 2011. Staff pay was 11% 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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