Governors Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,250,230 | 2,493,219 | −242,989 | 10.4 | 49% |
| 2021 | 2,856,878 | 2,346,991 | 509,887 | 13.6 | 48% |
| 2022 | 3,862,733 | 2,649,731 | 1,213,002 | 17.5 | 47% |
| 2023 | 3,899,788 | 3,031,924 | 867,864 | 18.8 | 47% |
| 2024 | 3,375,146 | 3,121,942 | 253,204 | 19.2 | 49% |
In its most recent public year (2024), this organization brought in $253,204 more than it spent. Its reserves stood at about 19.2 months of spending, up from 10.4 in 2020. Staff pay was 49% 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
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