Marine Machinery Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 668,519 | 400,490 | 268,029 | -2.3 | 70% |
| 2020 | 370,890 | 378,166 | −7,276 | 0.0 | 73% |
| 2021 | 434,876 | 467,253 | −32,377 | 0.0 | 67% |
| 2022 | 581,747 | 627,602 | −45,855 | 0.0 | 59% |
| 2023 | 731,392 | 663,847 | 67,545 | 0.0 | 52% |
In its most recent public year (2023), this organization brought in $67,545 more than it spent. Its reserves stood at about 0 months of spending, up from -2.3 in 2019. Staff pay was 52% 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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