Elgin Community Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 7,104 | 12,923 | −5,819 | 73.0 | — |
| 2022 | 41,386 | 37,358 | 4,028 | 26.6 | — |
| 2023 | 35,131 | 27,009 | 8,122 | 39.9 | — |
| 2024 | 31,464 | 46,283 | −14,819 | 19.9 | — |
In its most recent public year (2024), this organization spent $14,819 more than it brought in. Its reserves stood at about 19.9 months of spending, down from 73 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 2024. 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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