Marine Renewable Energy Collaborative Of New England
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 108,612 | 72,472 | 36,140 | 6.0 | — |
| 2017 | 185,710 | 198,168 | −12,458 | 1.4 | — |
| 2018 | 106,946 | 129,767 | −22,821 | 0.1 | — |
| 2019 | 2,400 | 2,610 | −210 | 1.3 | — |
| 2020 | 4,992 | 26,372 | −21,380 | 148.9 | — |
| 2021 | 70,868 | 91,530 | −20,662 | 40.2 | — |
| 2022 | 99,444 | 122,433 | −22,989 | 28.9 | — |
| 2023 | 134,772 | 150,540 | −15,768 | 22.3 | — |
In its most recent public year (2023), this organization spent $15,768 more than it brought in. Its reserves stood at about 22.3 months of spending, up from 6 in 2016.
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
Marine Renewable Energy Collaborative Of New England'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