Island Cottage Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,510 | 40,552 | 2,958 | 4.6 | — |
| 2012 | 50,169 | 46,249 | 3,920 | 5.1 | — |
| 2013 | 47,559 | 44,209 | 3,350 | 6.2 | — |
| 2014 | 49,290 | 46,565 | 2,725 | 6.6 | — |
| 2015 | 44,682 | 48,287 | −3,605 | 5.5 | — |
| 2016 | 48,979 | 42,550 | 6,429 | 8.0 | — |
| 2017 | 56,308 | 47,625 | 8,683 | 9.3 | — |
| 2018 | 54,914 | 50,282 | 4,632 | 10.0 | — |
| 2019 | 60,337 | 54,463 | 5,874 | 10.5 | — |
| 2020 | 26,296 | 46,126 | −19,830 | 7.2 | — |
In its most recent public year (2020), this organization spent $19,830 more than it brought in. Its reserves stood at about 7.2 months of spending, up from 4.6 in 2011.
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 2020. 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
Island Cottage Inc's IRS filings as a feed — one entry per filing year, through 2020. 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