Operating record

Colonial Heights Swim & Yacht Club

Hopewell, VA · EIN 54-0800554 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$73,755$98,604−$24,84912.241%
2021$172,202$174,661−$2,4590.0
2022$196,962$157,842$39,1206.346%
2023$179,109$333,228−$154,1192.022%

In its most recent public year (2023), this organization spent $154,119 more than it brought in. Its reserves stood at about 2 months of spending, down from 12.2 in 2020. Staff pay was 22% 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 ↗