Montford Point Marine Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,137 | 203,513 | −10,376 | 3.6 | 14% |
| 2012 | 197,365 | 190,928 | 6,437 | 4.3 | 16% |
| 2013 | 155,567 | 161,318 | −5,751 | 4.6 | 6% |
| 2014 | 117,338 | 114,992 | 2,346 | 6.8 | 0% |
| 2015 | 83,508 | 102,852 | −19,344 | 5.3 | 0% |
| 2016 | 67,289 | 86,443 | −19,154 | 1.2 | 0% |
| 2017 | 47,615 | 59,963 | −12,348 | -4.2 | — |
| 2019 | 207,625 | 143,596 | 64,029 | 6.9 | — |
| 2022 | 48,626 | 54,523 | −5,897 | 7.2 | — |
| 2023 | 27,095 | 54,399 | −27,304 | -5.9 | — |
In its most recent public year (2023), this organization spent $27,304 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-5.9 months), down from 3.6 in 2011.
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
Montford Point Marine Association'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