Oceanites Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 264,638 | 259,642 | 4,996 | 1.5 | 33% |
| 2012 | 262,416 | 253,085 | 9,331 | 2.0 | 38% |
| 2013 | 326,591 | 192,462 | 134,129 | 11.0 | 33% |
| 2014 | 164,503 | 255,941 | −91,438 | 4.0 | 33% |
| 2015 | 165,490 | 178,734 | −13,244 | 4.8 | 36% |
| 2016 | 136,806 | 129,141 | 7,665 | 7.7 | 21% |
| 2017 | 211,354 | 236,729 | −25,375 | 2.0 | 11% |
| 2018 | 349,455 | 359,572 | −10,117 | 1.0 | 16% |
| 2019 | 269,881 | 281,790 | −11,909 | 0.7 | 9% |
| 2020 | 137,645 | 118,481 | 19,164 | 3.7 | 0% |
| 2021 | 211,978 | 175,531 | 36,447 | 5.0 | 18% |
| 2022 | 253,830 | 237,241 | 16,589 | 4.5 | 25% |
| 2023 | 176,667 | 246,704 | −70,037 | 0.9 | 15% |
In its most recent public year (2023), this organization spent $70,037 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 15% 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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