everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Ocean Alliance Inc

Gloucester, MA / EIN 22-2573677 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20111,681,114857,024824,09056.123%
2012708,779690,49618,28370.022%
2013932,1261,059,008−126,88244.215%
2014436,080835,051−398,97150.323%
2015766,652541,447225,20582.624%
2016658,329645,43312,89669.532%
2017917,497765,223152,27457.833%
2018966,051678,521287,53070.333%
2019815,038732,63582,40366.539%
20201,014,279713,185301,09473.453%
2021976,576819,918156,65866.146%
20221,175,965845,785330,18068.839%
20231,609,251874,059735,19279.440%

In its most recent public year (2023), this organization brought in $735,192 more than it spent. Its reserves stood at about 79.4 months of spending, up from 56.1 in 2011. Staff pay was 40% of spending. $285,000 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

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