Northeast Florida Aero Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,061 | 2,865 | −804 | -3.4 | — |
| 2020 | 43,457 | 50,217 | −6,760 | -2.4 | — |
| 2021 | 104,379 | 70,920 | 33,459 | 4.0 | — |
| 2022 | 218,849 | 195,717 | 23,132 | 2.9 | 0% |
| 2023 | 222,968 | 170,978 | 51,990 | 6.9 | 0% |
In its most recent public year (2023), this organization brought in $51,990 more than it spent. Its reserves stood at about 6.9 months of spending, up from -3.4 in 2019. 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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