Ocean First Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 63,000 | 63,554 | −554 | -0.1 | — |
| 2016 | 131,479 | 131,272 | 207 | -0.0 | — |
| 2017 | 117,037 | 121,641 | −4,604 | -0.5 | — |
| 2018 | 117,055 | 119,886 | −2,831 | -0.8 | — |
| 2019 | 189,950 | 169,871 | 20,079 | 0.9 | — |
| 2020 | 170,339 | 166,324 | 4,015 | 1.2 | — |
| 2021 | 208,921 | 219,337 | −10,416 | 0.3 | 74% |
| 2022 | 437,433 | 366,189 | 71,244 | 2.5 | 63% |
| 2023 | 432,526 | 403,715 | 28,811 | 2.7 | 21% |
In its most recent public year (2023), this organization brought in $28,811 more than it spent. Its reserves stood at about 2.7 months of spending, up from -0.1 in 2015. Staff pay was 21% 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 First Institute'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