Friends Of Seguin Island Light Station
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 127,589 | 66,741 | 60,848 | 33.0 | — |
| 2020 | 115,307 | 83,976 | 31,331 | 31.0 | — |
| 2021 | 106,793 | 75,507 | 31,286 | 39.2 | — |
| 2022 | 95,585 | 81,970 | 13,615 | 37.0 | — |
| 2023 | 105,036 | 88,596 | 16,440 | 34.7 | — |
In its most recent public year (2023), this organization brought in $16,440 more than it spent. Its reserves stood at about 34.7 months of spending, up from 33 in 2019.
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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