Harlem Needle Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 49,836 | 48,744 | 1,092 | 0.4 | — |
| 2019 | 145,395 | 119,125 | 26,270 | 2.8 | — |
| 2020 | 95,222 | 116,725 | −21,503 | 0.7 | — |
| 2021 | 74,986 | 112,492 | −37,506 | -3.3 | — |
| 2022 | 136,506 | 142,305 | −5,799 | -3.1 | — |
| 2023 | 220,330 | 210,264 | 10,066 | -1.4 | 23% |
In its most recent public year (2023), this organization brought in $10,066 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), down from 0.4 in 2018. Staff pay was 23% 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
Harlem Needle Arts Inc'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