Hermantown Amateur Hockey Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 200,337 | 146,157 | 54,180 | 30.6 | 6% |
| 2012 | 285,213 | 198,633 | 86,580 | 27.7 | 3% |
| 2013 | 200,115 | 189,072 | 11,043 | 29.8 | 4% |
| 2014 | 211,658 | 187,800 | 23,858 | 31.5 | 4% |
| 2015 | 224,046 | 181,558 | 42,488 | 35.5 | 5% |
| 2016 | 242,285 | 204,048 | 38,237 | 33.8 | 2% |
| 2017 | 182,931 | 208,095 | −25,164 | 31.7 | 1% |
| 2018 | 341,496 | 277,356 | 64,140 | 26.6 | 2% |
| 2019 | 196,556 | 301,811 | −105,255 | 19.8 | 3% |
| 2020 | 194,401 | 297,532 | −103,131 | 15.9 | 0% |
| 2021 | 429,869 | 337,219 | 92,650 | 17.4 | 0% |
| 2022 | 303,911 | 325,607 | −21,696 | 17.2 | 0% |
| 2023 | 447,655 | 449,810 | −2,155 | 12.4 | 0% |
In its most recent public year (2023), this organization spent $2,155 more than it brought in. Its reserves stood at about 12.4 months of spending, down from 30.6 in 2011. Staff pay was 0% of spending. $28,200 of its net assets are donor-restricted.
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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