Morehead City Yacht Basin Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 90,598 | 101,082 | −10,484 | 19.2 | 0% |
| 2017 | 217,277 | 220,626 | −3,349 | 8.6 | 0% |
| 2018 | 217,242 | 204,018 | 13,224 | 10.1 | 0% |
| 2019 | 218,353 | 196,286 | 22,067 | 11.9 | 0% |
| 2020 | 220,226 | 204,746 | 15,480 | 12.3 | 0% |
| 2021 | 217,878 | 200,474 | 17,404 | 13.6 | 0% |
| 2022 | 217,111 | 199,219 | 17,892 | 14.7 | 0% |
| 2023 | 217,983 | 212,911 | 5,072 | 14.1 | 0% |
| 2024 | 241,922 | 217,317 | 24,605 | 15.1 | 0% |
In its most recent public year (2024), this organization brought in $24,605 more than it spent. Its reserves stood at about 15.1 months of spending, down from 19.2 in 2016. Staff pay was 0% 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 2024. 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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