Richmond Yacht Club Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,240 | 36,687 | 23,553 | 225.5 | 0% |
| 2012 | 78,184 | 13,604 | 64,580 | 693.4 | 0% |
| 2013 | 78,566 | 49,547 | 29,019 | 207.4 | 0% |
| 2014 | 58,043 | 18,563 | 39,480 | 608.6 | 0% |
| 2015 | 53,394 | 42,565 | 10,829 | 261.0 | 0% |
| 2016 | 106,635 | 35,317 | 71,318 | 351.5 | 0% |
| 2017 | 256,626 | 79,696 | 176,930 | 240.7 | 0% |
| 2018 | 180,535 | 140,322 | 40,213 | 133.5 | 0% |
| 2019 | 159,346 | 108,282 | 51,064 | 191.5 | 0% |
| 2020 | 41,665 | 107,335 | −65,670 | 200.4 | 0% |
| 2021 | 102,560 | 82,832 | 19,728 | 277.2 | 0% |
| 2022 | 162,448 | 161,884 | 564 | 121.2 | 0% |
| 2023 | 266,016 | 215,453 | 50,563 | 98.0 | 0% |
In its most recent public year (2023), this organization brought in $50,563 more than it spent. Its reserves stood at about 98 months of spending, down from 225.5 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
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