Rising Ocean Initiatives
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 43,500 | 13,848 | 29,652 | 27.7 | — |
| 2022 | 47,980 | 65,967 | −17,987 | 2.5 | — |
| 2023 | 45,000 | 51,069 | −6,069 | 1.9 | — |
In its most recent public year (2023), this organization spent $6,069 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 27.7 in 2021.
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
Rising Ocean Initiatives'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