Hedin-Hartnagel Memorial Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 9,579 | 15,785 | −6,206 | 790.7 | 58% |
| 2020 | 27,310 | 13,991 | 13,319 | 903.5 | 65% |
| 2021 | 22,783 | 14,575 | 8,208 | 874.1 | 64% |
| 2022 | 17,737 | 14,909 | 2,828 | 856.8 | 66% |
| 2023 | 32,205 | 15,948 | 16,257 | 813.2 | 63% |
In its most recent public year (2023), this organization brought in $16,257 more than it spent. Its reserves stood at about 813.2 months of spending, up from 790.7 in 2019. Staff pay was 63% 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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