Lake Worth Sailing Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 55,084 | 52,936 | 2,148 | 6.0 | — |
| 2016 | 58,783 | 54,462 | 4,321 | 6.8 | — |
| 2017 | 71,841 | 73,019 | −1,178 | 5.5 | — |
| 2018 | 67,340 | 57,322 | 10,018 | 33.2 | — |
| 2019 | 61,604 | 38,190 | 23,414 | 48.6 | — |
| 2020 | 78,977 | 87,293 | −8,316 | 20.0 | — |
| 2023 | 83,338 | 82,163 | 1,175 | 20.8 | — |
In its most recent public year (2023), this organization brought in $1,175 more than it spent. Its reserves stood at about 20.8 months of spending, up from 6 in 2015.
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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