Greensboro Swimming Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 367,877 | 384,334 | −16,457 | 1.2 | 47% |
| 2012 | 507,373 | 503,572 | 3,801 | 1.0 | 39% |
| 2013 | 450,738 | 475,728 | −24,990 | 0.4 | 35% |
| 2014 | 464,934 | 449,032 | 15,902 | 0.8 | 38% |
| 2015 | 353,333 | 302,224 | 51,109 | 3.6 | 33% |
| 2016 | 468,657 | 514,173 | −45,516 | 1.0 | 36% |
| 2017 | 569,097 | 545,739 | 23,358 | 1.5 | 30% |
| 2018 | 400,545 | 411,995 | −11,450 | 1.6 | 36% |
| 2019 | 423,206 | 420,648 | 2,558 | 1.7 | 34% |
| 2020 | 309,594 | 343,801 | −34,207 | 0.9 | 38% |
| 2021 | 375,362 | 299,081 | 76,281 | 4.0 | 41% |
| 2022 | 417,022 | 327,959 | 89,063 | 7.0 | 30% |
| 2023 | 362,031 | 355,429 | 6,602 | 6.6 | 31% |
In its most recent public year (2023), this organization brought in $6,602 more than it spent. Its reserves stood at about 6.6 months of spending, up from 1.2 in 2011. Staff pay was 31% 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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