Severn River Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 114,267 | 102,273 | 11,994 | 10.8 | — |
| 2019 | 171,834 | 119,384 | 52,450 | 14.6 | — |
| 2020 | 156,027 | 166,188 | −10,161 | 10.0 | — |
| 2021 | 335,887 | 191,728 | 144,159 | 17.8 | 31% |
| 2022 | 796,834 | 365,007 | 431,827 | 23.4 | 48% |
| 2023 | 775,132 | 514,841 | 260,291 | 22.8 | 51% |
In its most recent public year (2023), this organization brought in $260,291 more than it spent. Its reserves stood at about 22.8 months of spending, up from 10.8 in 2018. Staff pay was 51% of spending. $209,573 of its net assets are donor-restricted.
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
Severn River Association 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