Lone Star Houston Tea Festival Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,664 | 1,126 | 538 | 7.9 | 0% |
| 2021 | 651 | 1,430 | −779 | -0.4 | 0% |
| 2022 | 748 | 696 | 52 | 0.2 | 0% |
| 2023 | 14 | 1,472 | −1,458 | -11.8 | 0% |
In its most recent public year (2023), this organization spent $1,458 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.8 months), down from 7.9 in 2020. 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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