Tier 1 Elite Hockey League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 679,745 | 700,195 | −20,450 | 4.5 | 4% |
| 2022 | 965,019 | 995,747 | −30,728 | 2.8 | 3% |
| 2023 | 1,311,607 | 1,221,075 | 90,532 | 3.1 | 0% |
In its most recent public year (2023), this organization brought in $90,532 more than it spent. Its reserves stood at about 3.1 months of spending, down from 4.5 in 2021. Staff pay was 0% 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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