Maritime Rhode Island Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 501,669 | 198,661 | 303,008 | 32.4 | 5% |
| 2011 | 1,286,472 | 291,084 | 995,388 | 63.1 | 15% |
| 2012 | 2,100,100 | 408,758 | 1,691,342 | 94.6 | 15% |
| 2013 | 1,341,304 | 756,823 | 584,481 | 71.9 | 11% |
| 2014 | 6,226,858 | 1,373,542 | 4,853,316 | 75.7 | 21% |
| 2015 | 4,878,291 | 1,504,623 | 3,373,668 | 97.7 | 29% |
| 2016 | 1,122,237 | 2,083,652 | −961,415 | 65.0 | 23% |
| 2017 | 1,423,355 | 3,383,127 | −1,959,772 | 33.1 | 21% |
| 2018 | 1,149,746 | 3,204,895 | −2,055,149 | 27.3 | 19% |
| 2019 | 764,054 | 2,447,937 | −1,683,883 | 27.4 | 14% |
| 2020 | 542,272 | 2,270,425 | −1,728,153 | 20.4 | 14% |
| 2021 | 778,183 | 2,540,567 | −1,762,384 | 9.9 | 16% |
| 2022 | 681,555 | 2,453,472 | −1,771,917 | 1.6 | 14% |
| 2023 | 849,543 | 2,446,859 | −1,597,316 | -6.0 | 15% |
In its most recent public year (2023), this organization spent $1,597,316 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6 months), down from 32.4 in 2010. Staff pay was 15% of spending. $12,546 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
Maritime Rhode Island Inc'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