Ocean City Chamber Of Commerce Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 106,066 | 15,560 | 90,506 | 146.3 | 16% |
| 2012 | 319,266 | 37,204 | 282,062 | 152.2 | 39% |
| 2013 | 6,596 | 36,945 | −30,349 | 143.4 | 43% |
| 2014 | 14,682 | 30,099 | −15,417 | 169.8 | 57% |
| 2015 | 26,811 | 36,577 | −9,766 | 136.5 | 48% |
| 2016 | 24,595 | 28,135 | −3,540 | 176.0 | 5% |
| 2017 | 32,279 | 31,680 | 599 | 156.5 | 5% |
| 2018 | 34,415 | 28,320 | 6,095 | 177.7 | 5% |
| 2020 | 24,358 | 15,577 | 8,781 | 327.9 | 10% |
| 2021 | 32,112 | 36,094 | −3,982 | 140.2 | 4% |
| 2022 | 37,947 | 45,576 | −7,629 | 109.0 | 22% |
| 2023 | 30,194 | 48,029 | −17,835 | 99.0 | 21% |
In its most recent public year (2023), this organization spent $17,835 more than it brought in. Its reserves stood at about 99 months of spending, down from 146.3 in 2011. Staff pay was 21% 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
Ocean City Chamber Of Commerce 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