Lake Charles Racquet Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 799,919 | 799,025 | 894 | 4.1 | 25% |
| 2021 | 762,737 | 938,544 | −175,807 | 1.2 | 24% |
| 2022 | 924,786 | 929,212 | −4,426 | 1.2 | 24% |
| 2023 | 1,068,630 | 1,134,145 | −65,515 | 0.3 | 22% |
In its most recent public year (2023), this organization spent $65,515 more than it brought in. Its reserves stood at about 0.3 months of spending, down from 4.1 in 2020. Staff pay was 22% 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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