Lorain Sports Hall Of Fame Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 19,878 | 8,473 | 11,405 | 48.8 | — |
| 2022 | 26,030 | 40,247 | −14,217 | 6.0 | — |
| 2023 | 23,243 | 30,244 | −7,001 | 5.3 | — |
| 2024 | 49,750 | 36,730 | 13,020 | 8.6 | — |
In its most recent public year (2024), this organization brought in $13,020 more than it spent. Its reserves stood at about 8.6 months of spending, down from 48.8 in 2021.
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 2024. 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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