Reeds Community Swimming Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,346 | 54,231 | 7,115 | 6.1 | — |
| 2021 | 73,594 | 59,073 | 14,521 | 8.6 | — |
| 2022 | 67,751 | 71,792 | −4,041 | 6.4 | — |
| 2023 | 68,600 | 92,711 | −24,111 | 1.8 | — |
In its most recent public year (2023), this organization spent $24,111 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 6.1 in 2020.
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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