Margate Business Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 183,490 | 180,681 | 2,809 | 8.9 | 28% |
| 2012 | 155,512 | 147,968 | 7,544 | 11.5 | 17% |
| 2013 | 177,695 | 163,738 | 13,957 | 11.4 | 33% |
| 2014 | 215,400 | 184,296 | 31,104 | 12.2 | 30% |
| 2015 | 218,365 | 201,511 | 16,854 | 12.2 | 29% |
| 2016 | 212,407 | 183,501 | 28,906 | 15.2 | 33% |
| 2017 | 211,907 | 231,696 | −19,789 | 11.0 | 29% |
| 2018 | 229,141 | 243,560 | −14,419 | 9.8 | 32% |
| 2019 | 277,127 | 277,803 | −676 | 8.6 | 31% |
| 2020 | 174,076 | 187,614 | −13,538 | 11.7 | 50% |
| 2021 | 310,687 | 297,035 | 13,652 | 8.3 | 34% |
| 2022 | 299,579 | 330,220 | −30,641 | 6.0 | 32% |
| 2023 | 318,498 | 324,967 | −6,469 | 6.0 | 27% |
In its most recent public year (2023), this organization spent $6,469 more than it brought in. Its reserves stood at about 6 months of spending, down from 8.9 in 2011. Staff pay was 27% 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
Margate Business Association 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