Swim Ocean City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 22,055 | 20,975 | 1,080 | 0.6 | — |
| 2014 | 26,544 | 16,606 | 9,938 | 8.0 | — |
| 2015 | 26,014 | 33,598 | −7,584 | 1.2 | — |
| 2016 | 23,907 | 24,754 | −847 | 1.3 | — |
| 2017 | 13,736 | 12,510 | 1,226 | 3.7 | — |
| 2018 | 20,226 | 10,420 | 9,806 | 15.7 | — |
| 2019 | 17,685 | 19,574 | −1,889 | 7.2 | — |
| 2020 | 3,800 | 5,204 | −1,404 | 23.8 | — |
| 2021 | 19,567 | 15,533 | 4,034 | 11.1 | — |
| 2022 | 26,515 | 25,478 | 1,037 | 7.3 | — |
| 2023 | 22,169 | 23,233 | −1,064 | 7.4 | — |
In its most recent public year (2023), this organization spent $1,064 more than it brought in. Its reserves stood at about 7.4 months of spending, up from 0.6 in 2013.
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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