Fayerweather Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 647,817 | 763,186 | −115,369 | 19.7 | 27% |
| 2021 | 771,705 | 715,925 | 55,780 | 21.9 | 31% |
| 2022 | 788,947 | 757,281 | 31,666 | 21.2 | 32% |
| 2023 | 789,740 | 814,579 | −24,839 | 19.4 | 30% |
In its most recent public year (2023), this organization spent $24,839 more than it brought in. Its reserves stood at about 19.4 months of spending. Staff pay was 30% 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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