Friends Of Ocean Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 24,713 | 16,697 | 8,016 | 5.8 | — |
| 2015 | 50,376 | 50,553 | −177 | 1.9 | — |
| 2016 | 49,800 | 44,118 | 5,682 | 3.7 | — |
| 2017 | 42,551 | 52,233 | −9,682 | 0.9 | — |
| 2018 | 38,086 | 32,536 | 5,550 | 3.5 | — |
| 2019 | 52,619 | 50,867 | 1,752 | 2.6 | — |
| 2020 | 92,272 | 94,928 | −2,656 | 1.1 | — |
| 2021 | 32,725 | 37,740 | −5,015 | 1.1 | — |
| 2022 | 27,987 | 29,565 | −1,578 | 0.8 | — |
| 2023 | 29,255 | 24,028 | 5,227 | 3.6 | — |
In its most recent public year (2023), this organization brought in $5,227 more than it spent. Its reserves stood at about 3.6 months of spending, down from 5.8 in 2014.
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
Friends Of Ocean Academy 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