Marys Place By The Sea Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 92,041 | 89,697 | 2,344 | 6.0 | 2% |
| 2013 | 246,471 | 140,007 | 106,464 | 13.0 | 0% |
| 2014 | 412,860 | 247,588 | 165,272 | 15.4 | 21% |
| 2015 | 763,977 | 349,515 | 414,462 | 25.1 | 25% |
| 2016 | 1,302,826 | 461,311 | 841,515 | 40.8 | 27% |
| 2017 | 831,795 | 536,045 | 295,750 | 41.7 | 34% |
| 2018 | 1,103,330 | 769,484 | 333,846 | 34.3 | 35% |
| 2019 | 1,284,489 | 776,857 | 507,632 | 41.8 | 38% |
| 2020 | 1,057,139 | 840,063 | 217,076 | 41.8 | 39% |
| 2021 | 841,377 | 631,220 | 210,157 | 59.6 | 45% |
| 2022 | 1,077,331 | 676,547 | 400,784 | 62.7 | 50% |
| 2023 | 1,234,691 | 961,131 | 273,560 | 47.5 | 43% |
| 2024 | 1,475,421 | 1,112,013 | 363,408 | 45.0 | 45% |
In its most recent public year (2024), this organization brought in $363,408 more than it spent. Its reserves stood at about 45 months of spending, up from 6 in 2012. Staff pay was 45% of spending. $22,200 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 2024. 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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