Turks And Caicos Reef Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 115,055 | 126,700 | −11,645 | 18.6 | — |
| 2022 | 273,003 | 218,586 | 54,417 | 11.2 | 0% |
| 2023 | 261,847 | 282,903 | −21,056 | 7.7 | 16% |
In its most recent public year (2023), this organization spent $21,056 more than it brought in. Its reserves stood at about 7.7 months of spending, down from 18.6 in 2021. Staff pay was 16% 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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