Weddington Swim & Racquet Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 571,024 | 523,574 | 47,450 | 32.1 | 51% |
| 2012 | 531,436 | 521,817 | 9,619 | 32.4 | 48% |
| 2013 | 549,247 | 499,683 | 49,564 | 35.0 | 46% |
| 2014 | 583,160 | 495,969 | 87,191 | 37.4 | 43% |
| 2015 | 620,989 | 657,568 | −36,579 | 27.6 | 39% |
| 2017 | 804,877 | 667,958 | 136,919 | 30.7 | 35% |
| 2019 | 742,327 | 694,584 | 47,743 | 34.7 | 48% |
| 2020 | 771,366 | 665,931 | 105,435 | 34.0 | 53% |
| 2022 | 890,625 | 805,033 | 85,592 | 31.7 | 49% |
| 2023 | 878,928 | 861,907 | 17,021 | 29.5 | 43% |
In its most recent public year (2023), this organization brought in $17,021 more than it spent. Its reserves stood at about 29.5 months of spending, down from 32.1 in 2011. Staff pay was 43% 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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