Faribault Hockey Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 180,158 | 216,635 | −36,477 | 7.5 | 0% |
| 2021 | 242,672 | 152,632 | 90,040 | 19.8 | 0% |
| 2022 | 264,143 | 206,330 | 57,813 | 16.1 | 0% |
| 2023 | 212,068 | 225,193 | −13,125 | 14.8 | 0% |
In its most recent public year (2023), this organization spent $13,125 more than it brought in. Its reserves stood at about 14.8 months of spending, up from 7.5 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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