Honey Run Covered Bridge Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,677 | 3,105 | 49,572 | 913.2 | — |
| 2021 | 271,579 | 64,594 | 206,985 | 110.6 | 40% |
| 2022 | 181,025 | 128,492 | 52,533 | 60.5 | 24% |
| 2023 | 2,222,652 | 150,104 | 2,072,548 | 217.5 | 22% |
In its most recent public year (2023), this organization brought in $2,072,548 more than it spent. Its reserves stood at about 217.5 months of spending, down from 913.2 in 2020. Staff pay was 22% 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
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