Gardendale Athletic & Social Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 160,400 | 209,352 | −48,952 | 2.9 | 14% |
| 2021 | 12,975 | 9,613 | 3,362 | 66.8 | 0% |
| 2022 | 370,355 | 401,854 | −31,499 | 0.7 | 18% |
| 2023 | 231,233 | 359,788 | −128,555 | -3.6 | 12% |
In its most recent public year (2023), this organization spent $128,555 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.6 months), down from 2.9 in 2020. Staff pay was 12% 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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