Albuquerque Soaring Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 80,777 | 59,443 | 21,334 | 24.1 | 0% |
| 2021 | 83,888 | 66,612 | 17,276 | 24.5 | 0% |
| 2022 | 85,673 | 74,547 | 11,126 | 23.7 | 0% |
| 2023 | 89,291 | 72,264 | 17,027 | 27.3 | 0% |
In its most recent public year (2023), this organization brought in $17,027 more than it spent. Its reserves stood at about 27.3 months of spending, up from 24.1 in 2020. 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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