Ocean City Light Tackle Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 35,383 | 49,452 | −14,069 | 10.3 | — |
| 2016 | 48,495 | 14,136 | 34,359 | 65.3 | — |
| 2017 | 119,009 | 69,124 | 49,885 | 22.0 | — |
| 2018 | 95,689 | 174,752 | −79,063 | 3.4 | — |
| 2019 | 162,750 | 148,787 | 13,963 | 5.1 | — |
| 2020 | 160,720 | 129,062 | 31,658 | 8.9 | — |
| 2021 | 129,691 | 61,545 | 68,146 | 31.4 | — |
| 2022 | 286,202 | 198,703 | 87,499 | 15.0 | 0% |
| 2023 | 272,531 | 336,029 | −63,498 | 6.6 | 0% |
In its most recent public year (2023), this organization spent $63,498 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 10.3 in 2015. Staff pay was 0% 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
Ocean City Light Tackle Club 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