Operating record

Ridgefield Regional Aquatic Club Inc

Ridgefield, CT · EIN 06-1324602 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$488,253$457,862$30,3915.721%
2021$653,902$566,740$87,1626.518%
2022$682,831$617,170$65,6617.217%
2023$710,081$878,204−$168,1232.814%

In its most recent public year (2023), this organization spent $168,123 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 5.7 in 2020. Staff pay was 14% 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 ↗