Myc Youth Sailing Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 122,765 | 108,837 | 13,928 | 9.0 | 14% |
| 2012 | 120,579 | 88,589 | 31,990 | 15.4 | 0% |
| 2013 | 163,193 | 164,698 | −1,505 | 8.2 | 25% |
| 2014 | 203,348 | 185,245 | 18,103 | 7.9 | 0% |
| 2015 | 278,458 | 226,914 | 51,544 | 9.3 | 0% |
| 2016 | 236,668 | 250,942 | −14,274 | 7.7 | 9% |
| 2017 | 272,288 | 236,144 | 36,144 | 10.2 | 49% |
| 2018 | 282,363 | 261,129 | 21,234 | 9.3 | 41% |
| 2019 | 296,346 | 279,528 | 16,818 | 10.1 | 34% |
| 2020 | 304,155 | 278,077 | 26,078 | 11.3 | 35% |
| 2021 | 257,576 | 235,824 | 21,752 | 15.8 | 42% |
| 2022 | 400,448 | 311,691 | 88,757 | 14.7 | 31% |
| 2023 | 367,325 | 327,133 | 40,192 | 15.5 | 30% |
In its most recent public year (2023), this organization brought in $40,192 more than it spent. Its reserves stood at about 15.5 months of spending, up from 9 in 2011. Staff pay was 30% 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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