Sea Meadow Marine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 17,846 | 16,853 | 993 | 0.7 | 0% |
| 2022 | 230,235 | 142,021 | 88,214 | 7.6 | 3% |
| 2023 | 217,521 | 127,676 | 89,845 | 16.9 | 1% |
In its most recent public year (2023), this organization brought in $89,845 more than it spent. Its reserves stood at about 16.9 months of spending, up from 0.7 in 2021. Staff pay was 1% of spending. $116,344 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
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