Operating record

Seabrook Village Inc

Catonsville, MD · EIN 52-2126751 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$52,150,940$69,241,920−$17,090,980-10.733%
2021$63,950,386$72,375,793−$8,425,407-10.730%
2022$66,016,503$75,909,265−$9,892,762-13.132%
2023$71,434,344$81,965,055−$10,530,711-12.532%

In its most recent public year (2023), this organization spent $10,530,711 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.5 months), down from -10.7 in 2020. Staff pay was 32% of spending. $1,090,810 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 ↗