Quoddy Tides Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 380,400 | 243,342 | 137,058 | 28.9 | 23% |
| 2012 | 574,628 | 278,561 | 296,067 | 38.3 | 12% |
| 2013 | 414,019 | 241,143 | 172,876 | 52.8 | 18% |
| 2014 | 558,699 | 264,165 | 294,534 | 61.6 | 24% |
| 2015 | 388,732 | 243,379 | 145,353 | 74.0 | 30% |
| 2016 | 497,661 | 253,426 | 244,235 | 82.9 | 24% |
| 2017 | 476,357 | 251,475 | 224,882 | 94.5 | 22% |
| 2018 | 354,081 | 315,572 | 38,509 | 76.7 | 21% |
| 2019 | 659,652 | 309,977 | 349,675 | 91.6 | 22% |
| 2020 | 419,054 | 265,413 | 153,641 | 113.5 | 23% |
| 2021 | 639,507 | 291,883 | 347,624 | 117.7 | 18% |
| 2022 | 742,558 | 382,787 | 359,771 | 101.1 | 16% |
| 2023 | 474,552 | 406,006 | 68,546 | 97.2 | 21% |
In its most recent public year (2023), this organization brought in $68,546 more than it spent. Its reserves stood at about 97.2 months of spending, up from 28.9 in 2011. Staff pay was 21% of spending. $25,417 of its net assets are donor-restricted.
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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