Hug It Forward Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 185,580 | 114,950 | 70,630 | 9.7 | — |
| 2012 | 252,890 | 152,026 | 100,864 | 15.3 | 0% |
| 2013 | 375,897 | 256,306 | 119,591 | 14.7 | 0% |
| 2014 | 371,413 | 350,076 | 21,337 | 11.5 | 0% |
| 2015 | 373,610 | 365,631 | 7,979 | 11.3 | 0% |
| 2016 | 644,929 | 645,960 | −1,031 | 6.4 | 0% |
| 2017 | 571,600 | 515,035 | 56,565 | 9.3 | 0% |
| 2018 | 171,535 | 249,095 | −77,560 | 15.5 | 0% |
| 2019 | 114,523 | 165,313 | −50,790 | 19.6 | 0% |
| 2020 | 60,589 | 117,360 | −56,771 | 21.8 | 0% |
| 2021 | 243,594 | 133,237 | 110,357 | 29.1 | 0% |
| 2022 | 99,036 | 187,281 | −88,245 | 15.1 | 0% |
| 2023 | 207,511 | 173,066 | 34,445 | 18.7 | 0% |
In its most recent public year (2023), this organization brought in $34,445 more than it spent. Its reserves stood at about 18.7 months of spending, up from 9.7 in 2011. Staff pay was 0% of spending. $262,319 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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