Harvard Debate Incorporated
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,864,930 | $2,043,301 | −$178,371 | 3.0 | 2% |
| 2021 | $1,431,306 | $1,037,825 | $393,481 | 10.6 | 8% |
| 2022 | $1,285,277 | $1,443,092 | −$157,815 | 6.1 | 4% |
| 2023 | $1,830,038 | $1,899,512 | −$69,474 | 4.2 | 3% |
In its most recent public year (2023), this organization spent $69,474 more than it brought in. Its reserves stood at about 4.2 months of spending, up from 3 in 2020. Staff pay was 3% 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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