Ocean City Firefighters Foundation - Fmba 27 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 10,109 | 20,815 | −10,706 | 17.9 | — |
| 2018 | 73,913 | 46,168 | 27,745 | 11.1 | — |
| 2020 | 66,664 | 17,945 | 48,719 | 53.6 | — |
| 2021 | 18,392 | 22,417 | −4,025 | 40.8 | — |
In its most recent public year (2021), this organization spent $4,025 more than it brought in. Its reserves stood at about 40.8 months of spending, up from 17.9 in 2016.
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 2021. 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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