Norfolk Country Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 997,532 | 947,762 | 49,770 | 21.0 | 45% |
| 2021 | 1,230,586 | 1,068,038 | 162,548 | 20.5 | 43% |
| 2022 | 1,358,790 | 1,158,159 | 200,631 | 20.9 | 43% |
| 2023 | 1,464,124 | 1,446,006 | 18,118 | 16.9 | 42% |
In its most recent public year (2023), this organization brought in $18,118 more than it spent. Its reserves stood at about 16.9 months of spending, down from 21 in 2020. Staff pay was 42% 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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