Newport Swim Team Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,020 | 34,827 | −7,807 | 6.4 | — |
| 2017 | 125,217 | 104,801 | 20,416 | 3.6 | — |
| 2022 | 126,104 | 124,078 | 2,026 | 4.8 | — |
| 2023 | 133,750 | 156,831 | −23,081 | 2.0 | — |
In its most recent public year (2023), this organization spent $23,081 more than it brought in. Its reserves stood at about 2 months of spending, down from 6.4 in 2011.
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
Newport Swim Team Inc'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