Surf Development Company Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $913,568 | $1,022,833 | −$109,265 | 42.6 | 0% |
| 2021 | $1,478,920 | $1,387,509 | $91,411 | 32.2 | 43% |
| 2022 | $1,068,431 | $1,392,170 | −$323,739 | 29.3 | 49% |
| 2023 | $2,532,281 | $1,638,058 | $894,223 | 31.5 | 42% |
In its most recent public year (2023), this organization brought in $894,223 more than it spent. Its reserves stood at about 31.5 months of spending, down from 42.6 in 2020. Staff pay was 42% of spending. $950,000 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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