Bay Foundation Of Morro Bay California San Luis Obispo County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,763,166 | 1,406,367 | 356,799 | 97.1 | 38% |
| 2012 | 1,469,798 | 1,755,735 | −285,937 | 82.4 | 28% |
| 2013 | 3,095,658 | 1,244,414 | 1,851,244 | 135.6 | 35% |
| 2014 | 1,505,879 | 1,203,904 | 301,975 | 144.2 | 38% |
| 2015 | 2,984,879 | 1,753,848 | 1,231,031 | 98.4 | 3% |
| 2016 | 1,999,526 | 1,795,787 | 203,739 | 98.5 | 5% |
| 2017 | 2,093,074 | 1,607,619 | 485,455 | 121.3 | 5% |
| 2018 | 1,424,094 | 1,366,409 | 57,685 | 145.1 | 6% |
| 2019 | 2,561,609 | 2,677,556 | −115,947 | 72.6 | 18% |
| 2020 | 1,420,953 | 1,809,912 | −388,959 | 106.4 | 27% |
| 2021 | 7,958,016 | 1,659,171 | 6,298,845 | 173.8 | 28% |
| 2022 | 2,833,360 | 2,283,896 | 549,464 | 109.6 | 22% |
| 2023 | 2,345,304 | 1,781,939 | 563,365 | 153.0 | 40% |
In its most recent public year (2023), this organization brought in $563,365 more than it spent. Its reserves stood at about 153 months of spending, up from 97.1 in 2011. Staff pay was 40% of spending. $19,955,382 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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