Padilla Bay Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 128,313 | 127,926 | 387 | 16.8 | — |
| 2012 | 86,135 | 58,754 | 27,381 | 42.2 | — |
| 2013 | 73,300 | 62,793 | 10,507 | 34.5 | — |
| 2014 | 58,156 | 75,087 | −16,931 | 32.5 | — |
| 2015 | 97,997 | 92,604 | 5,393 | 27.0 | — |
| 2016 | 177,433 | 150,483 | 26,950 | 18.8 | — |
| 2017 | 187,545 | 146,546 | 40,999 | 22.7 | — |
| 2018 | 173,973 | 107,108 | 66,865 | 40.2 | — |
| 2019 | 125,474 | 93,453 | 32,021 | 40.4 | — |
| 2020 | 151,895 | 116,141 | 35,754 | 27.9 | — |
| 2021 | 152,769 | 71,183 | 81,586 | 52.7 | — |
| 2022 | 154,024 | 156,916 | −2,892 | 23.7 | — |
| 2023 | 308,942 | 242,660 | 66,282 | 18.4 | 23% |
In its most recent public year (2023), this organization brought in $66,282 more than it spent. Its reserves stood at about 18.4 months of spending, up from 16.8 in 2011. Staff pay was 23% of spending. $8,551 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
Padilla Bay Foundation'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