To Our Shores Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 191,423 | 210,264 | −18,841 | -1.8 | — |
| 2023 | 552,367 | 558,097 | −5,730 | -0.8 | 46% |
In its most recent public year (2023), this organization spent $5,730 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.8 months). Staff pay was 46% 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
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