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

Ocean Point Colony Trust Inc

East Boothbay, ME / EIN 23-7185846 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201133,04823,7519,29750.9
201231,89638,149−6,25329.7
201340,94636,4874,45932.5
201435,34938,304−2,95530.0
201541,55835,8935,66534.0
201630,39332,329−1,93637.0
2017201,00627,816173,190117.714%
2018322,53333,297289,236202.616%
2019701,36033,216668,144447.523%
2020336,90258,194278,708312.913%
2021110,14590,15519,990204.612%
202284,05798,995−14,938184.613%
2023109,802102,4097,393179.311%

In its most recent public year (2023), this organization brought in $7,393 more than it spent. Its reserves stood at about 179.3 months of spending, up from 50.9 in 2011. Staff pay was 11% 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

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