Towing Vessel Inspection Bureau
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 341,675 | 277,475 | 64,200 | 4.7 | 22% |
| 2015 | 292,344 | 317,127 | −24,783 | 3.2 | 28% |
| 2016 | 308,424 | 357,066 | −48,642 | 1.2 | 24% |
| 2017 | 761,994 | 832,711 | −70,717 | -0.5 | 52% |
| 2018 | 786,140 | 872,507 | −86,367 | -2.0 | 44% |
| 2019 | 974,893 | 832,993 | 141,900 | 0.0 | 32% |
| 2020 | 955,463 | 891,993 | 63,470 | 0.9 | 61% |
| 2021 | 901,588 | 817,746 | 83,842 | 2.2 | 67% |
| 2022 | 1,181,664 | 923,761 | 257,903 | 5.3 | 62% |
| 2023 | 1,223,750 | 1,136,887 | 86,863 | 5.2 | 64% |
In its most recent public year (2023), this organization brought in $86,863 more than it spent. Its reserves stood at about 5.2 months of spending. Staff pay was 64% 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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