Memphremagog Community Maritime
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 167,703 | 1,110 | 166,593 | 1811.5 | — |
| 2019 | 39,422 | 6,422 | 33,000 | 374.8 | — |
| 2020 | 98,029 | 49,404 | 48,625 | 60.5 | — |
| 2021 | 313,646 | 311,622 | 2,024 | 7.7 | 9% |
| 2022 | 218,210 | 201,786 | 16,424 | 12.9 | 17% |
| 2023 | 223,906 | 266,283 | −42,377 | 7.9 | 35% |
In its most recent public year (2023), this organization spent $42,377 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 1811.5 in 2018. Staff pay was 35% of spending. $104,686 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
Memphremagog Community Maritime's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works