Italian American Club Of Sebastian
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 137,714 | 236,949 | −99,235 | 23.5 | 18% |
| 2021 | 327,323 | 316,640 | 10,683 | 18.4 | 22% |
| 2022 | 364,576 | 372,121 | −7,545 | 15.4 | 23% |
| 2023 | 384,328 | 373,028 | 11,300 | 15.7 | 26% |
In its most recent public year (2023), this organization brought in $11,300 more than it spent. Its reserves stood at about 15.7 months of spending, down from 23.5 in 2020. Staff pay was 26% 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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