The Hap Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,495,283 | 3,273,147 | −777,864 | 39.9 | 0% |
| 2012 | 3,538,942 | 4,596,242 | −1,057,300 | 26.4 | 0% |
| 2013 | 3,495,296 | 1,777,023 | 1,718,273 | 84.8 | 0% |
| 2014 | 4,395,228 | 1,818,050 | 2,577,178 | 88.6 | 0% |
| 2015 | 5,720,091 | 4,084,041 | 1,636,050 | 54.6 | 0% |
| 2016 | 4,734,602 | 5,109,838 | −375,236 | 42.8 | 0% |
| 2017 | 4,471,992 | 6,702,430 | −2,230,438 | 30.7 | 0% |
| 2018 | 5,369,851 | 4,739,999 | 629,852 | 42.8 | 0% |
| 2019 | 6,886,353 | 4,243,095 | 2,643,258 | 53.4 | 0% |
| 2020 | 3,413,949 | 2,926,407 | 487,542 | 80.1 | 0% |
| 2021 | 2,129,468 | 2,925,395 | −795,927 | 77.6 | 0% |
| 2022 | 647,319 | 13,016,903 | −12,369,584 | 6.0 | 14% |
| 2023 | 1,779,297 | 3,354,385 | −1,575,088 | 18.1 | 60% |
In its most recent public year (2023), this organization spent $1,575,088 more than it brought in. Its reserves stood at about 18.1 months of spending, down from 39.9 in 2011. Staff pay was 60% of spending. $3,376,591 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
The Hap Foundation Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works