Hires Family Resources Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 387,032 | 380,137 | 6,895 | 0.7 | 68% |
| 2021 | 328,119 | 295,072 | 33,047 | 2.2 | 68% |
| 2022 | 345,119 | 374,012 | −28,893 | 0.8 | 73% |
| 2023 | 379,504 | 396,245 | −16,741 | 0.3 | 74% |
In its most recent public year (2023), this organization spent $16,741 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 74% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works