Riptide Parents Swim Team Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 67,203 | 71,895 | −4,692 | 9.9 | — |
| 2022 | 76,950 | 121,015 | −44,065 | 1.5 | — |
| 2023 | 88,996 | 96,136 | −7,140 | 1.0 | — |
In its most recent public year (2023), this organization spent $7,140 more than it brought in. Its reserves stood at about 1 months of spending, down from 9.9 in 2021.
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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