everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Mcac Reef Fund Inc

Stuart, FL / EIN 51-0432371 / Form 990 / latest filing 2021
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201122,66111,28011,38197.0
201394,112120,000−25,8882.1
201428,97718,83910,13823.7
201539,76813,11226,65644.3
201624,612024,612
2018−50,2293,306−53,53579.1
2021358,218120,259237,95923.70%

In its most recent public year (2021), this organization brought in $237,959 more than it spent. Its reserves stood at about 23.7 months of spending, down from 97 in 2011. 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 2021. 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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