Hawaii Surfing Production Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 9,815 | 1,050 | 8,765 | -1.1 | 0% |
| 2022 | 68,121 | 48,767 | 19,354 | 4.7 | 35% |
| 2023 | 109,100 | 88,218 | 20,882 | 5.5 | 25% |
| 2024 | 118,738 | 113,068 | 5,670 | 4.9 | 42% |
In its most recent public year (2024), this organization brought in $5,670 more than it spent. Its reserves stood at about 4.9 months of spending, up from -1.1 in 2021. Staff pay was 42% 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 2024. 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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