Hermantown Youth Soccer Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | −1,619 | 16,289 | −17,908 | 198.0 | 11% |
| 2021 | 242,418 | 91,441 | 150,977 | 55.1 | 7% |
| 2022 | 90,016 | 131,855 | −41,839 | 34.4 | 12% |
| 2023 | 187,965 | 135,861 | 52,104 | 38.0 | 15% |
In its most recent public year (2023), this organization brought in $52,104 more than it spent. Its reserves stood at about 38 months of spending, down from 198 in 2020. Staff pay was 15% 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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