Ocean Housing Development Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,953 | 56,948 | 3,005 | -4.5 | 0% |
| 2012 | 61,627 | 55,436 | 6,191 | -3.3 | 0% |
| 2013 | 64,728 | 56,749 | 7,979 | -1.5 | 0% |
| 2014 | 65,241 | 65,173 | 68 | -1.3 | 0% |
| 2015 | 65,248 | 60,957 | 4,291 | -0.6 | 0% |
| 2016 | 65,016 | 61,354 | 3,662 | 0.2 | 0% |
| 2017 | 65,943 | 64,674 | 1,269 | 0.4 | 0% |
| 2018 | 70,184 | 72,174 | −1,990 | 0.0 | 38% |
| 2019 | 68,661 | 65,301 | 3,360 | 0.6 | 43% |
| 2020 | 72,526 | 67,710 | 4,816 | 1.5 | 43% |
| 2021 | 72,073 | 71,077 | 996 | 1.6 | 40% |
| 2022 | 76,461 | 80,409 | −3,948 | 0.8 | 38% |
| 2023 | 83,048 | 80,215 | 2,833 | 1.2 | 38% |
| 2024 | 79,213 | 89,205 | −9,992 | -0.2 | 37% |
In its most recent public year (2024), this organization spent $9,992 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), up from -4.5 in 2011. Staff pay was 37% 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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