Lake Sherwood Acres Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,570 | 56,909 | 4,661 | 30.6 | — |
| 2021 | 79,863 | 65,388 | 14,475 | 16.3 | — |
| 2022 | 70,865 | 82,875 | −12,010 | 10.0 | — |
| 2023 | 99,803 | 93,523 | 6,280 | 2.8 | — |
In its most recent public year (2023), this organization brought in $6,280 more than it spent. Its reserves stood at about 2.8 months of spending, down from 30.6 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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