Glastonbury Gymnastics Club Parents Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 125,837 | 114,573 | 11,264 | 4.3 | — |
| 2021 | 3,261 | 8,070 | −4,809 | 53.7 | — |
| 2022 | 97,396 | 77,406 | 19,990 | 8.7 | — |
| 2023 | 211,634 | 164,871 | 46,763 | 7.5 | 0% |
| 2024 | 116,008 | 118,174 | −2,166 | 10.2 | 0% |
In its most recent public year (2024), this organization spent $2,166 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 4.3 in 2020. Staff pay was 0% 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 2024. 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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