Operating record

Harvard Debate Incorporated

Cambridge, MA · EIN 04-2597463 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,864,930$2,043,301−$178,3713.02%
2021$1,431,306$1,037,825$393,48110.68%
2022$1,285,277$1,443,092−$157,8156.14%
2023$1,830,038$1,899,512−$69,4744.23%

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 ↗