New Bedford Ocean Cluster Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 507,137 | 437,743 | 69,394 | 1.9 | 15% |
| 2023 | 792,993 | 461,284 | 331,709 | 10.4 | 32% |
In its most recent public year (2023), this organization brought in $331,709 more than it spent. Its reserves stood at about 10.4 months of spending, up from 1.9 in 2022. Staff pay was 32% 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
New Bedford Ocean Cluster Inc'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