Ocean Accelerator Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 513,691 | 520,224 | −6,533 | 1.7 | 38% |
| 2021 | 603,155 | 524,739 | 78,416 | 1.6 | 52% |
| 2022 | 956,701 | 586,445 | 370,256 | 9.1 | 49% |
| 2023 | 300,616 | 584,871 | −284,255 | 3.7 | 53% |
In its most recent public year (2023), this organization spent $284,255 more than it brought in. Its reserves stood at about 3.7 months of spending, up from 1.7 in 2020. Staff pay was 53% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works