Operating record

Duxbury Bay Maritime School Inc

Duxbury, MA · EIN 04-3348183 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,871,685$1,817,281$54,40485.545%
2021$3,461,197$2,217,405$1,243,79276.347%
2022$2,773,881$2,562,591$211,29065.348%
2023$3,026,457$2,753,485$272,97261.939%

In its most recent public year (2023), this organization brought in $272,972 more than it spent. Its reserves stood at about 61.9 months of spending, down from 85.5 in 2020. Staff pay was 39% of spending. $123,300 of its net assets are donor-restricted.

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 ↗