Friends Of The Ocean City Pops Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 206,183 | 135,059 | 71,124 | 51.2 | 0% |
| 2012 | 184,321 | 131,678 | 52,643 | 57.8 | 0% |
| 2013 | 331,043 | 140,615 | 190,428 | 75.1 | 0% |
| 2014 | 219,230 | 126,760 | 92,470 | 96.1 | 0% |
| 2015 | 152,924 | 105,311 | 47,613 | 121.0 | 0% |
| 2016 | 186,229 | 106,655 | 79,574 | 132.6 | 0% |
| 2017 | 179,376 | 263,491 | −84,115 | 53.6 | 0% |
| 2018 | 144,604 | 120,698 | 23,906 | 115.0 | 0% |
| 2019 | 208,059 | 135,790 | 72,269 | 123.3 | 0% |
| 2020 | 126,945 | 65,158 | 61,787 | 273.7 | 0% |
| 2021 | 158,641 | 119,165 | 39,476 | 175.5 | 0% |
| 2022 | 184,907 | 169,984 | 14,923 | 111.6 | 0% |
| 2023 | 235,980 | 203,584 | 32,396 | 99.0 | 0% |
In its most recent public year (2023), this organization brought in $32,396 more than it spent. Its reserves stood at about 99 months of spending, up from 51.2 in 2011. Staff pay was 0% of spending. $4,500 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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