Ocean City 2406 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 982,167 | 860,961 | 121,206 | -7.9 | 23% |
| 2013 | 1,007,552 | 892,299 | 115,253 | -6.0 | 21% |
| 2014 | 1,010,135 | 888,960 | 121,175 | -4.4 | 19% |
| 2015 | 1,044,582 | 1,038,534 | 6,048 | -3.7 | 18% |
| 2016 | 1,065,736 | 940,486 | 125,250 | -2.5 | 22% |
| 2017 | 1,064,167 | 926,366 | 137,801 | -0.8 | 23% |
| 2018 | 1,131,242 | 1,061,886 | 69,356 | 0.1 | 22% |
| 2019 | 1,181,742 | 1,007,910 | 173,832 | 2.2 | 24% |
| 2020 | 1,173,554 | 1,035,785 | 137,769 | 3.7 | 27% |
| 2021 | 1,131,742 | 1,079,890 | 51,852 | 4.2 | 25% |
| 2022 | 1,275,497 | 1,132,997 | 142,500 | 5.5 | 24% |
| 2023 | 1,291,212 | 1,306,080 | −14,868 | 4.6 | 20% |
In its most recent public year (2023), this organization spent $14,868 more than it brought in. Its reserves stood at about 4.6 months of spending, up from -7.9 in 2012. Staff pay was 20% 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 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
Ocean City 2406 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