Harbor Point Community Task Force Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 793,370 | 288,461 | 504,909 | 113.9 | 46% |
| 2021 | 687,960 | 240,120 | 447,840 | 159.2 | 49% |
| 2022 | 638,979 | 270,068 | 368,911 | 157.9 | 43% |
In its most recent public year (2022), this organization brought in $368,911 more than it spent. Its reserves stood at about 157.9 months of spending, up from 113.9 in 2020. Staff pay was 43% 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 2022. 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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