Duck Island Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 50,907 | 63,901 | −12,994 | 20.8 | — |
| 2021 | 63,785 | 61,704 | 2,081 | 21.9 | — |
| 2022 | 69,155 | 81,909 | −12,754 | 14.7 | — |
| 2023 | 69,294 | 85,309 | −16,015 | 11.8 | — |
In its most recent public year (2023), this organization spent $16,015 more than it brought in. Its reserves stood at about 11.8 months of spending, down from 20.8 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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