Coastal Elites Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,699 | 2,728 | 971 | 6.9 | — |
| 2021 | 16,431 | 2,420 | 14,011 | 77.3 | — |
| 2022 | 15 | 946 | −931 | 185.8 | — |
| 2023 | 33 | 1,962 | −1,929 | 77.8 | — |
In its most recent public year (2023), this organization spent $1,929 more than it brought in. Its reserves stood at about 77.8 months of spending, up from 6.9 in 2020.
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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