Flight Club 502
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 96,019 | 56,053 | 39,966 | 9.3 | — |
| 2018 | 63,573 | 53,011 | 10,562 | 12.2 | — |
| 2019 | 147,683 | 113,390 | 34,293 | 18.9 | 0% |
| 2020 | 249,060 | 248,971 | 89 | 10.1 | 0% |
| 2021 | 403,110 | 285,925 | 117,185 | 13.7 | 3% |
| 2022 | 943,952 | 519,312 | 424,640 | 21.2 | 4% |
| 2023 | 724,029 | 786,482 | −62,453 | 13.0 | 11% |
In its most recent public year (2023), this organization spent $62,453 more than it brought in. Its reserves stood at about 13 months of spending, up from 9.3 in 2017. Staff pay was 11% 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
Flight Club 502's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works