Marine Education Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 44,215 | 28,035 | 16,180 | 20.5 | — |
| 2018 | 105,774 | 85,029 | 20,745 | 9.7 | — |
| 2019 | 282,515 | 254,766 | 27,749 | 4.5 | 4% |
| 2020 | 774,966 | 415,790 | 359,176 | 13.1 | 7% |
| 2021 | 556,401 | 355,071 | 201,330 | 22.2 | 12% |
| 2022 | 392,910 | 253,317 | 139,593 | 37.7 | 31% |
| 2023 | 580,161 | 832,935 | −252,774 | 7.8 | 25% |
In its most recent public year (2023), this organization spent $252,774 more than it brought in. Its reserves stood at about 7.8 months of spending, down from 20.5 in 2017. Staff pay was 25% of spending. $190,955 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
Marine Education Initiative Inc'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