Florida Panhandle Marine Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 71,103 | 149,298 | −78,195 | 33.3 | — |
| 2021 | 122,107 | 167,908 | −45,801 | 26.3 | — |
| 2022 | 122,676 | 171,904 | −49,228 | 22.3 | — |
| 2023 | 167,568 | 181,680 | −14,112 | 20.2 | — |
In its most recent public year (2023), this organization spent $14,112 more than it brought in. Its reserves stood at about 20.2 months of spending, down from 33.3 in 2020.
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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