Hudsonville Public Schools Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 91,765 | 24,678 | 67,087 | 84.8 | — |
| 2022 | 72,692 | 70,868 | 1,824 | 29.8 | — |
| 2023 | 123,307 | 111,473 | 11,834 | 20.2 | — |
In its most recent public year (2023), this organization brought in $11,834 more than it spent. Its reserves stood at about 20.2 months of spending, down from 84.8 in 2021.
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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