Operating record

Surf Development Company Inc

Lompoc, CA · EIN 77-0201747 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$913,568$1,022,833−$109,26542.60%
2021$1,478,920$1,387,509$91,41132.243%
2022$1,068,431$1,392,170−$323,73929.349%
2023$2,532,281$1,638,058$894,22331.542%

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 ↗