Marine Military Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 299,539 | 243,096 | 56,443 | 240.1 | 0% |
| 2012 | 219,572 | 43,651 | 175,921 | 1451.4 | 0% |
| 2013 | 275,493 | 290,146 | −14,653 | 235.4 | 0% |
| 2014 | 312,000 | 241,312 | 70,688 | 280.9 | 0% |
| 2015 | 617,918 | 268,960 | 348,958 | 243.1 | 0% |
| 2016 | 436,370 | 267,343 | 169,027 | 252.0 | 0% |
| 2017 | 107,618 | 276,330 | −168,712 | 266.6 | 0% |
| 2018 | 651,217 | 289,491 | 361,726 | 233.0 | 0% |
| 2019 | 137,833 | 290,895 | −153,062 | 257.8 | 0% |
| 2020 | 440,574 | 577,021 | −136,447 | 130.1 | 0% |
| 2021 | 1,284,020 | 312,768 | 971,252 | 259.1 | 0% |
| 2022 | 98,707 | 324,972 | −226,265 | 202.2 | 0% |
| 2023 | 120,558 | 380,536 | −259,978 | 185.4 | 0% |
In its most recent public year (2023), this organization spent $259,978 more than it brought in. Its reserves stood at about 185.4 months of spending, down from 240.1 in 2011. Staff pay was 0% of spending. $5,880,392 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
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