Bremerton Yacht Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 469,407 | 404,810 | 64,597 | 52.9 | 10% |
| 2021 | 489,073 | 436,370 | 52,703 | 51.8 | 8% |
| 2022 | 558,910 | 432,504 | 126,406 | 55.7 | 8% |
| 2023 | 653,083 | 506,056 | 147,027 | 51.3 | 10% |
| 2024 | 756,060 | 434,544 | 321,516 | 68.9 | 13% |
In its most recent public year (2024), this organization brought in $321,516 more than it spent. Its reserves stood at about 68.9 months of spending, up from 52.9 in 2020. Staff pay was 13% 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 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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