Ocean City Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,017 | 51,534 | −6,517 | 13.0 | — |
| 2012 | 30,206 | 59,940 | −29,734 | 5.2 | — |
| 2013 | 9,330 | 22,282 | −12,952 | 7.1 | — |
| 2014 | 13,172 | 10,503 | 2,669 | 18.1 | — |
| 2015 | 16,409 | 15,508 | 901 | 12.9 | — |
| 2016 | 17,924 | 10,274 | 7,650 | 28.5 | — |
| 2017 | 6,366 | 14,673 | −8,307 | 13.1 | — |
| 2018 | 21,317 | 11,345 | 9,972 | 27.6 | — |
| 2019 | 15,533 | 16,087 | −554 | 19.0 | — |
| 2020 | 25,375 | 15,770 | 9,605 | 26.7 | — |
In its most recent public year (2020), this organization brought in $9,605 more than it spent. Its reserves stood at about 26.7 months of spending, up from 13 in 2011.
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 2020. 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
Ocean City Education Foundation's IRS filings as a feed — one entry per filing year, through 2020. 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