Ocean Bay Community Developement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 461,762 | 493,880 | −32,118 | -0.7 | 64% |
| 2012 | 563,558 | 559,437 | 4,121 | -0.5 | 65% |
| 2013 | 640,784 | 655,191 | −14,407 | -0.7 | 64% |
| 2014 | 876,591 | 873,583 | 3,008 | -0.5 | 68% |
| 2015 | 868,896 | 875,301 | −6,405 | -0.6 | 64% |
| 2016 | 665,420 | 728,034 | −62,614 | -1.7 | 65% |
| 2017 | 694,283 | 619,461 | 74,822 | -0.6 | 64% |
| 2018 | 993,841 | 884,590 | 109,251 | 1.1 | 58% |
| 2019 | 673,935 | 672,575 | 1,360 | 1.5 | 67% |
| 2021 | 578,701 | 552,880 | 25,821 | 2.2 | 57% |
| 2022 | 1,135,236 | 868,974 | 266,262 | 5.1 | 51% |
| 2023 | 1,836,390 | 1,810,750 | 25,640 | 2.6 | 48% |
In its most recent public year (2023), this organization brought in $25,640 more than it spent. Its reserves stood at about 2.6 months of spending, up from -0.7 in 2011. Staff pay was 48% of spending. $149,100 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
Ocean Bay Community Developement Corporation'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