The Sea Gate Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,415,481 | 3,335,896 | 79,585 | 12.0 | 37% |
| 2012 | 3,579,922 | 3,499,365 | 80,557 | 11.7 | 34% |
| 2013 | 4,055,730 | 3,820,234 | 235,496 | 11.5 | 33% |
| 2014 | 3,971,447 | 3,231,542 | 739,905 | 23.7 | 43% |
| 2015 | 4,395,668 | 3,633,670 | 761,998 | 23.6 | 41% |
| 2016 | 4,745,618 | 4,150,361 | 595,257 | 22.4 | 35% |
| 2017 | 4,964,659 | 3,772,107 | 1,192,552 | 28.5 | 41% |
| 2018 | 6,352,620 | 4,229,601 | 2,123,019 | 31.4 | 45% |
| 2019 | 7,965,881 | 4,823,301 | 3,142,580 | 35.4 | 44% |
| 2020 | 15,469,229 | 5,004,412 | 10,464,817 | 59.2 | 47% |
| 2021 | 12,359,100 | 6,333,201 | 6,025,899 | 58.2 | 44% |
| 2022 | 5,481,343 | 9,160,470 | −3,679,127 | 35.4 | 27% |
| 2023 | 5,794,307 | 8,192,588 | −2,398,281 | 36.0 | 28% |
In its most recent public year (2023), this organization spent $2,398,281 more than it brought in. Its reserves stood at about 36 months of spending, up from 12 in 2011. Staff pay was 28% 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
The Sea Gate Association'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