Ma Maritime Academy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,222,946 | 1,018,534 | 1,204,412 | 99.9 | 0% |
| 2013 | 1,962,578 | 1,237,859 | 724,719 | 92.3 | 0% |
| 2014 | 2,577,078 | 779,641 | 1,797,437 | 190.1 | 0% |
| 2015 | 2,254,317 | 827,181 | 1,427,136 | 218.6 | 0% |
| 2016 | 1,830,335 | 1,211,256 | 619,079 | 152.1 | 0% |
| 2017 | 4,451,488 | 1,285,875 | 3,165,613 | 179.4 | 0% |
| 2018 | 4,596,135 | 1,374,952 | 3,221,183 | 197.1 | 0% |
| 2019 | 5,166,737 | 1,261,186 | 3,905,551 | 256.4 | 0% |
| 2020 | 5,723,768 | 1,289,033 | 4,434,735 | 301.1 | 0% |
| 2021 | 4,842,025 | 888,252 | 3,953,773 | 543.1 | 0% |
| 2022 | 7,083,053 | 1,459,370 | 5,623,683 | 344.1 | 0% |
| 2023 | 12,570,673 | 1,718,023 | 10,852,650 | 388.9 | 0% |
In its most recent public year (2023), this organization brought in $10,852,650 more than it spent. Its reserves stood at about 388.9 months of spending, up from 99.9 in 2012. Staff pay was 0% of spending. $36,681,965 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
Ma Maritime Academy Foundation 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