Cape May Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,613 | 75,914 | −11,301 | -29.6 | 0% |
| 2021 | 63,876 | 79,740 | −15,864 | -30.5 | 0% |
| 2022 | 64,036 | 85,622 | −21,586 | -31.5 | 0% |
| 2023 | 64,020 | 80,764 | −16,744 | -35.8 | 0% |
In its most recent public year (2023), this organization spent $16,744 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.8 months), down from -29.6 in 2020. Staff pay was 0% 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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