Indian Harbor Yacht Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,502,448 | 5,233,992 | 268,456 | 18.2 | 46% |
| 2021 | 6,591,457 | 5,863,543 | 727,914 | 17.8 | 47% |
| 2022 | 6,335,410 | 5,785,009 | 550,401 | 19.1 | 48% |
| 2023 | 7,092,757 | 5,940,704 | 1,152,053 | 21.0 | 48% |
In its most recent public year (2023), this organization brought in $1,152,053 more than it spent. Its reserves stood at about 21 months of spending, up from 18.2 in 2020. Staff pay was 48% 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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