Holly Springs Main Street Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 51,785 | 54,761 | −2,976 | -0.4 | 44% |
| 2017 | 45,680 | 50,636 | −4,956 | -1.6 | 47% |
| 2018 | 48,707 | 48,373 | 334 | -1.5 | 50% |
| 2019 | 60,342 | 61,559 | −1,217 | -1.5 | 39% |
| 2020 | 42,824 | 46,082 | −3,258 | -2.8 | 52% |
| 2021 | 30,452 | 44,932 | −14,480 | -6.7 | — |
| 2022 | 42,620 | 49,260 | −6,640 | -7.8 | — |
| 2023 | 134,973 | 42,173 | 92,800 | 17.3 | — |
In its most recent public year (2023), this organization brought in $92,800 more than it spent. Its reserves stood at about 17.3 months of spending, up from -0.4 in 2016.
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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