Wood Island Life Saving Station Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 461,503 | 477,912 | −16,409 | 0.1 | 0% |
| 2017 | 494,120 | 487,832 | 6,288 | 0.2 | 0% |
| 2018 | 1,015,823 | 993,609 | 22,214 | 0.4 | 0% |
| 2019 | 1,142,167 | 1,138,972 | 3,195 | 0.4 | 0% |
| 2020 | 374,257 | 358,644 | 15,613 | 1.7 | 0% |
| 2021 | 920,228 | 844,976 | 75,252 | 1.8 | 0% |
| 2022 | 694,905 | 754,493 | −59,588 | 1.0 | 0% |
| 2023 | 764,038 | 835,107 | −71,069 | -0.1 | 0% |
In its most recent public year (2023), this organization spent $71,069 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 0% 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
Wood Island Life Saving Station 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