Seal Future Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 62,315 | 72,168 | −9,853 | 13.2 | — |
| 2015 | 150,022 | 209,617 | −59,595 | 1.1 | — |
| 2016 | 296,082 | 189,996 | 106,086 | 8.0 | 0% |
| 2017 | 900,601 | 483,257 | 417,344 | 13.5 | 0% |
| 2018 | 615,871 | 721,250 | −105,379 | 7.3 | 25% |
| 2019 | 928,141 | 995,540 | −67,399 | 4.5 | 17% |
| 2020 | 1,340,663 | 1,158,571 | 182,092 | 5.7 | 26% |
| 2021 | 3,651,337 | 1,933,969 | 1,717,368 | 14.1 | 36% |
| 2022 | 2,361,528 | 3,221,773 | −860,245 | 5.1 | 32% |
| 2023 | 3,614,114 | 3,245,152 | 368,962 | 6.6 | 36% |
In its most recent public year (2023), this organization brought in $368,962 more than it spent. Its reserves stood at about 6.6 months of spending, down from 13.2 in 2014. Staff pay was 36% of spending. $265,000 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
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