Mecklenburg Aquatic Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,272,269 | 3,607,297 | −335,028 | 1.8 | 52% |
| 2012 | 3,662,887 | 3,846,716 | −183,829 | 1.1 | 50% |
| 2013 | 4,317,894 | 3,583,358 | 734,536 | 4.7 | 47% |
| 2014 | 4,723,662 | 4,480,408 | 243,254 | 4.5 | 6% |
| 2015 | 4,945,746 | 5,125,750 | −180,004 | 3.5 | 44% |
| 2016 | 5,423,400 | 4,672,546 | 750,854 | 3.9 | 39% |
| 2017 | 4,817,646 | 4,578,076 | 239,570 | 3.1 | 39% |
| 2018 | 4,929,233 | 4,611,031 | 318,202 | 3.9 | 36% |
| 2019 | 5,067,903 | 5,140,477 | −72,574 | 3.4 | 40% |
| 2020 | 4,646,958 | 4,552,346 | 94,612 | 3.9 | 3% |
| 2021 | 4,694,169 | 4,550,266 | 143,903 | 3.6 | 2% |
| 2022 | 4,675,713 | 5,167,039 | −491,326 | 2.0 | 3% |
| 2023 | 5,718,606 | 5,793,135 | −74,529 | 1.7 | 0% |
In its most recent public year (2023), this organization spent $74,529 more than it brought in. Its reserves stood at about 1.7 months of spending. Staff pay was 0% of spending. $30,054 of its net assets are donor-restricted.
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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