Tall Ship Providence Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 399,296 | 703,539 | −304,243 | -5.0 | 48% |
| 2021 | 1,034,666 | 1,028,715 | 5,951 | -3.4 | 47% |
| 2022 | 4,773,820 | 994,669 | 3,779,151 | 42.1 | 39% |
| 2023 | 1,168,729 | 1,650,782 | −482,053 | 21.9 | 46% |
In its most recent public year (2023), this organization spent $482,053 more than it brought in. Its reserves stood at about 21.9 months of spending, up from -5 in 2020. Staff pay was 46% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works