Redford Township Hockey Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 281,389 | 280,172 | 1,217 | 1.0 | 0% |
| 2016 | 243,765 | 240,097 | 3,668 | 1.4 | 0% |
| 2017 | 257,065 | 274,190 | −17,125 | 0.4 | 0% |
| 2018 | 357,387 | 355,059 | 2,328 | 0.4 | 0% |
| 2019 | 296,126 | 276,485 | 19,641 | 1.4 | 0% |
| 2021 | 66,606 | 67,373 | −767 | 5.8 | — |
| 2022 | 27,462 | 26,852 | 610 | 14.8 | — |
| 2023 | 16,518 | 22,377 | −5,859 | 14.6 | — |
| 2024 | 16,212 | 24,203 | −7,991 | 9.6 | — |
In its most recent public year (2024), this organization spent $7,991 more than it brought in. Its reserves stood at about 9.6 months of spending, up from 1 in 2015.
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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