Ocean Health Initiatives Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,143,261 | 14,501,409 | 3,641,852 | 5.5 | 59% |
| 2012 | 14,888,745 | 14,938,571 | −49,826 | 5.2 | 60% |
| 2013 | 13,999,755 | 14,406,418 | −406,663 | 5.1 | 61% |
| 2014 | 15,366,444 | 15,040,183 | 326,261 | 5.1 | 62% |
| 2015 | 17,592,894 | 16,872,982 | 719,912 | 5.1 | 60% |
| 2016 | 18,908,816 | 18,502,560 | 406,256 | 4.9 | 59% |
| 2017 | 21,155,819 | 20,950,949 | 204,870 | 4.4 | 59% |
| 2018 | 23,195,367 | 23,342,744 | −147,377 | 3.9 | 57% |
| 2019 | 24,131,108 | 24,835,774 | −704,666 | 3.0 | 57% |
| 2020 | 25,483,286 | 25,162,759 | 320,527 | 3.0 | 55% |
| 2021 | 32,670,727 | 27,971,026 | 4,699,701 | 4.9 | 57% |
| 2022 | 30,657,644 | 28,852,676 | 1,804,968 | 5.8 | 58% |
| 2023 | 27,336,577 | 29,460,002 | −2,123,425 | 4.9 | 53% |
In its most recent public year (2023), this organization spent $2,123,425 more than it brought in. Its reserves stood at about 4.9 months of spending. Staff pay was 53% 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
Ocean Health Initiatives 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