Undersea Technology Innovation Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 55,000 | 54,492 | 508 | 0.1 | — |
| 2018 | 89,285 | 112,904 | −23,619 | -2.5 | — |
| 2019 | 485,222 | 204,269 | 280,953 | 15.1 | 0% |
| 2020 | 1,247,653 | 207,770 | 1,039,883 | 75.0 | 0% |
| 2021 | 1,370,523 | 291,657 | 1,078,866 | 97.8 | 2% |
| 2022 | 874,119 | 366,309 | 507,810 | 94.5 | 31% |
| 2023 | 1,010,873 | 585,924 | 424,949 | 67.8 | 35% |
In its most recent public year (2023), this organization brought in $424,949 more than it spent. Its reserves stood at about 67.8 months of spending, up from 0.1 in 2017. Staff pay was 35% of spending.
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
Undersea Technology Innovation Center'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