Harvard Square Business Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 408,639 | 435,421 | −26,782 | 15.1 | 56% |
| 2012 | 430,872 | 445,960 | −15,088 | 14.4 | 52% |
| 2013 | 486,182 | 462,531 | 23,651 | 14.5 | 49% |
| 2014 | 345,850 | 454,545 | −108,695 | 11.8 | 51% |
| 2015 | 421,952 | 451,346 | −29,394 | 11.2 | 53% |
| 2016 | 419,937 | 434,801 | −14,864 | 11.2 | 31% |
| 2017 | 414,336 | 449,719 | −35,383 | 9.9 | 57% |
| 2018 | 467,086 | 473,974 | −6,888 | 9.2 | 55% |
| 2019 | 429,341 | 488,923 | −59,582 | 7.4 | 56% |
| 2020 | 479,097 | 503,172 | −24,075 | 6.6 | 60% |
| 2021 | 461,676 | 505,465 | −43,789 | 5.6 | 61% |
| 2022 | 587,039 | 563,928 | 23,111 | 5.5 | 51% |
| 2023 | 589,421 | 592,505 | −3,084 | 5.2 | 51% |
In its most recent public year (2023), this organization spent $3,084 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 15.1 in 2011. Staff pay was 51% 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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