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Organization Of Black Maritime College Graduates Inc

Brooklyn, NY / EIN 22-3917780 / Form 990-EZ / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
202180,79270,51010,28225.3
2022103,86178,98224,87926.4
202388,49377,88510,60828.4

In its most recent public year (2023), this organization brought in $10,608 more than it spent. Its reserves stood at about 28.4 months of spending, up from 25.3 in 2021.

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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