North Flathead Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 155,516 | 117,669 | 37,847 | 77.1 | 10% |
| 2021 | 185,134 | 127,460 | 57,674 | 76.6 | 9% |
| 2022 | 190,164 | 130,634 | 59,530 | 80.2 | 10% |
| 2023 | 215,884 | 144,036 | 71,848 | 78.8 | 10% |
In its most recent public year (2023), this organization brought in $71,848 more than it spent. Its reserves stood at about 78.8 months of spending, up from 77.1 in 2020. Staff pay was 10% 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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