Norfolk Norwood Minor Hockey Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 58,155 | 57,522 | 633 | 10.2 | — |
| 2018 | 67,914 | 59,288 | 8,626 | 11.7 | — |
| 2019 | 46,756 | 53,831 | −7,075 | 11.3 | — |
| 2020 | 44,849 | 37,290 | 7,559 | 18.7 | — |
| 2021 | 36,900 | 34,179 | 2,721 | 21.4 | — |
| 2022 | 39,173 | 16,550 | 22,623 | 60.5 | — |
| 2023 | 14,175 | 11,977 | 2,198 | 85.9 | — |
In its most recent public year (2023), this organization brought in $2,198 more than it spent. Its reserves stood at about 85.9 months of spending, up from 10.2 in 2017.
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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