Foxenwood Tennis And Swim Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 202,333 | 267,218 | −64,885 | 0.8 | 28% |
| 2021 | 222,933 | 295,569 | −72,636 | -2.5 | 22% |
| 2022 | 265,409 | 244,357 | 21,052 | -2.0 | 36% |
| 2023 | 289,520 | 365,474 | −75,954 | -3.8 | 39% |
In its most recent public year (2023), this organization spent $75,954 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), down from 0.8 in 2020. Staff pay was 39% 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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