Leading Edge Flying Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 307,490 | 296,928 | 10,562 | 2.5 | 0% |
| 2021 | 356,038 | 358,718 | −2,680 | 1.6 | 0% |
| 2022 | 417,933 | 425,993 | −8,060 | 1.1 | 0% |
| 2023 | 437,349 | 455,743 | −18,394 | 0.9 | 0% |
In its most recent public year (2023), this organization spent $18,394 more than it brought in. Its reserves stood at about 0.9 months of spending, down from 2.5 in 2020. 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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