Club Corvette Of Connecticut
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,913 | 13,286 | −3,373 | 24.0 | — |
| 2021 | 16,166 | 17,098 | −932 | 18.0 | — |
| 2022 | 25,560 | 34,091 | −8,531 | 6.0 | — |
| 2023 | 45,619 | 46,438 | −819 | 4.2 | — |
In its most recent public year (2023), this organization spent $819 more than it brought in. Its reserves stood at about 4.2 months of spending, down from 24 in 2020.
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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