Alabama Marines Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 35,264 | 8,039 | 27,225 | 40.6 | — |
| 2013 | 56,471 | 30,807 | 25,664 | 20.6 | — |
| 2014 | 45,304 | 34,069 | 11,235 | 22.6 | 0% |
| 2015 | 49,085 | 36,971 | 12,114 | 24.7 | 0% |
| 2016 | 57,674 | 37,602 | 20,072 | 30.7 | 0% |
| 2017 | 59,215 | 54,845 | 4,370 | 22.0 | — |
| 2018 | 74,546 | 82,973 | −8,427 | 13.3 | — |
| 2019 | 73,646 | 92,422 | −18,776 | 9.5 | — |
| 2020 | 40,550 | 52,298 | −11,748 | 14.2 | — |
| 2021 | 119,457 | 20,326 | 99,131 | 95.0 | — |
| 2022 | 137,989 | 79,305 | 58,684 | 33.2 | — |
| 2023 | 145,090 | 94,835 | 50,255 | 34.1 | — |
In its most recent public year (2023), this organization brought in $50,255 more than it spent. Its reserves stood at about 34.1 months of spending, down from 40.6 in 2012.
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
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