Sail Newport Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,448,644 | 1,211,754 | 236,890 | 6.3 | 49% |
| 2012 | 1,795,308 | 1,447,106 | 348,202 | 8.1 | 46% |
| 2013 | 2,349,134 | 2,018,194 | 330,940 | 7.8 | 38% |
| 2014 | 1,870,114 | 1,692,603 | 177,511 | 10.9 | 45% |
| 2015 | 3,159,092 | 3,138,671 | 20,421 | 5.8 | 24% |
| 2016 | 5,371,755 | 2,498,790 | 2,872,965 | 24.5 | 37% |
| 2017 | 4,705,898 | 2,994,654 | 1,711,244 | 27.7 | 4% |
| 2018 | 5,597,414 | 5,198,664 | 398,750 | 16.8 | 3% |
| 2019 | 2,314,438 | 2,315,661 | −1,223 | 38.4 | 45% |
| 2020 | 1,982,370 | 2,059,526 | −77,156 | 43.2 | 48% |
| 2021 | 2,453,105 | 2,332,307 | 120,798 | 39.9 | 47% |
| 2022 | 3,014,185 | 2,595,974 | 418,211 | 35.6 | 48% |
| 2023 | 5,515,517 | 5,050,828 | 464,689 | 19.4 | 32% |
In its most recent public year (2023), this organization brought in $464,689 more than it spent. Its reserves stood at about 19.4 months of spending, up from 6.3 in 2011. Staff pay was 32% of spending. $1,567,846 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
Sail Newport 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