North Iredell Recreation Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 52,942 | 36,921 | 16,021 | 17.4 | 31% |
| 2022 | 34,503 | 68,082 | −33,579 | 3.5 | 13% |
| 2023 | 58,092 | 41,067 | 17,025 | 10.8 | 29% |
| 2024 | 57,659 | 47,969 | 9,690 | 11.7 | 24% |
In its most recent public year (2024), this organization brought in $9,690 more than it spent. Its reserves stood at about 11.7 months of spending, down from 17.4 in 2021. Staff pay was 24% 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
North Iredell Recreation Club's IRS filings as a feed — one entry per filing year, through 2024. 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