Velocity Swimming
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 138,917 | 149,711 | −10,794 | 1.0 | — |
| 2012 | 184,946 | 149,294 | 35,652 | 5.0 | — |
| 2013 | 202,475 | 201,072 | 1,403 | 3.5 | 34% |
| 2014 | 228,562 | 205,938 | 22,624 | 4.7 | 34% |
| 2015 | 258,528 | 215,763 | 42,765 | 6.9 | 42% |
| 2016 | 217,331 | 215,511 | 1,820 | 7.0 | 37% |
| 2017 | 246,976 | 216,836 | 30,140 | 8.6 | 38% |
| 2018 | 231,712 | 237,084 | −5,372 | 7.6 | 41% |
| 2019 | 240,151 | 217,471 | 22,680 | 9.5 | 38% |
| 2020 | 103,177 | 117,146 | −13,969 | 16.1 | — |
| 2021 | 224,980 | 161,021 | 63,959 | 16.5 | 28% |
| 2022 | 223,768 | 215,083 | 8,685 | 12.4 | 41% |
| 2023 | 293,959 | 277,318 | 16,641 | 10.3 | 43% |
In its most recent public year (2023), this organization brought in $16,641 more than it spent. Its reserves stood at about 10.3 months of spending, up from 1 in 2011. Staff pay was 43% 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
Velocity Swimming's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works