The Global Foundation For Ocean Exploration Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 122,953 | 44,110 | 78,843 | 21.6 | — |
| 2014 | 271,216 | 77,252 | 193,964 | 42.5 | 0% |
| 2015 | 190,252 | 259,420 | −69,168 | 9.5 | 0% |
| 2016 | 3,980,020 | 2,789,213 | 1,190,807 | 6.0 | 18% |
| 2017 | 4,022,172 | 3,236,130 | 786,042 | 8.1 | 15% |
| 2018 | 4,405,420 | 3,811,832 | 593,588 | 8.7 | 14% |
| 2019 | 6,934,718 | 6,849,053 | 85,665 | 5.0 | 8% |
| 2020 | 4,870,398 | 4,849,066 | 21,332 | 7.1 | 11% |
| 2021 | 5,589,475 | 5,975,904 | −386,429 | 4.9 | 10% |
| 2022 | 5,107,205 | 5,487,653 | −380,448 | 4.5 | 11% |
| 2023 | 5,022,655 | 5,416,703 | −394,048 | 3.7 | 11% |
In its most recent public year (2023), this organization spent $394,048 more than it brought in. Its reserves stood at about 3.7 months of spending, down from 21.6 in 2013. Staff pay was 11% 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
The Global Foundation For Ocean Exploration 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