Memphis Soaring Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,547 | 40,812 | 10,735 | 128.3 | 0% |
| 2012 | 54,886 | 44,253 | 10,633 | 121.2 | 0% |
| 2013 | 53,342 | 37,573 | 15,769 | 147.8 | 0% |
| 2014 | 58,996 | 44,078 | 14,918 | 130.0 | 0% |
| 2015 | 90,088 | 62,044 | 28,044 | 97.8 | 0% |
| 2016 | 158,875 | 47,913 | 110,962 | 154.4 | 0% |
| 2017 | 60,949 | 51,260 | 9,689 | 146.6 | 0% |
| 2018 | 56,360 | 43,052 | 13,308 | 178.3 | 0% |
| 2019 | 54,836 | 39,516 | 15,320 | 198.8 | 0% |
| 2020 | 83,528 | 63,327 | 20,201 | 127.9 | 0% |
| 2021 | 63,557 | 54,519 | 9,038 | 150.5 | 0% |
| 2022 | 73,508 | 72,120 | 1,388 | 114.0 | 0% |
| 2023 | 101,533 | 119,592 | −18,059 | 67.0 | 0% |
In its most recent public year (2023), this organization spent $18,059 more than it brought in. Its reserves stood at about 67 months of spending, down from 128.3 in 2011. 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 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works