Marine Credit Union Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 416 | −416 | 1461.0 | — |
| 2014 | 159,281 | 86,857 | 72,424 | 10.1 | — |
| 2015 | 312,659 | 109,001 | 203,658 | 30.5 | 0% |
| 2016 | 353,103 | 154,899 | 198,204 | 36.8 | 0% |
| 2017 | 443,153 | 161,285 | 281,868 | 56.4 | 0% |
| 2018 | 415,689 | 211,094 | 204,595 | 51.8 | 0% |
| 2019 | 465,238 | 328,035 | 137,203 | 41.9 | 0% |
| 2020 | 557,730 | 397,658 | 160,072 | 39.3 | 26% |
| 2021 | 487,550 | 478,053 | 9,497 | 34.9 | 25% |
| 2022 | 458,798 | 427,480 | 31,318 | 34.0 | 40% |
| 2023 | 374,627 | 570,512 | −195,885 | 26.7 | 41% |
In its most recent public year (2023), this organization spent $195,885 more than it brought in. Its reserves stood at about 26.7 months of spending, down from 1461 in 2012. Staff pay was 41% of spending. $24,495 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
Marine Credit Union 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