Main Street Port Clinton Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 53,283 | 43,543 | 9,740 | 11.3 | — |
| 2013 | 74,286 | 57,638 | 16,648 | 12.7 | — |
| 2014 | 63,377 | 73,706 | −10,329 | 8.2 | — |
| 2015 | 82,822 | 67,685 | 15,137 | 11.6 | — |
| 2016 | 108,138 | 87,256 | 20,882 | 11.9 | — |
| 2017 | 69,544 | 84,574 | −15,030 | 10.1 | — |
| 2018 | 61,690 | 66,217 | −4,527 | 12.1 | — |
| 2019 | 58,659 | 68,720 | −10,061 | 9.9 | — |
| 2020 | 49,922 | 82,512 | −32,590 | 3.5 | — |
| 2021 | 19,526 | 87,990 | −68,464 | -6.0 | — |
| 2022 | 80,571 | 40,326 | 40,245 | -1.2 | 0% |
| 2023 | 67,492 | 62,102 | 5,390 | 0.3 | 0% |
| 2024 | 37,340 | 68,545 | −31,205 | -5.2 | 0% |
In its most recent public year (2024), this organization spent $31,205 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.2 months), down from 11.3 in 2012. Staff pay was 0% of spending. $4,878 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 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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