Marine Resources Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,674,877 | 1,831,446 | −156,569 | 30.3 | 0% |
| 2012 | 1,545,909 | 1,566,715 | −20,806 | 35.2 | 0% |
| 2013 | 2,212,718 | 1,704,111 | 508,607 | 36.0 | 0% |
| 2014 | 2,409,316 | 1,931,240 | 478,076 | 34.7 | 0% |
| 2015 | 13,706,567 | 1,874,786 | 11,831,781 | 111.5 | 0% |
| 2016 | 2,280,598 | 1,783,500 | 497,098 | 120.5 | 0% |
| 2017 | 9,705,915 | 9,433,868 | 272,047 | 0.5 | 0% |
| 2018 | 21,903,248 | 10,101,771 | 11,801,477 | 37.4 | 8% |
| 2019 | 15,168,945 | 10,367,923 | 4,801,022 | 35.8 | 9% |
| 2020 | 1,351,257 | 11,431,530 | −10,080,273 | 21.8 | 5% |
| 2021 | 9,020,399 | 20,561,103 | −11,540,704 | 5.4 | 3% |
| 2022 | 26,715,726 | 7,845,779 | 18,869,947 | 43.0 | 13% |
In its most recent public year (2022), this organization brought in $18,869,947 more than it spent. Its reserves stood at about 43 months of spending, up from 30.3 in 2011. Staff pay was 13% of spending. $2,648,515 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 2022. 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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