Minuteman Flames Minor Hockey Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 6,830 | −6,830 | -2.0 | — |
| 2021 | 0 | 288 | −288 | -60.2 | — |
| 2022 | 0 | 0 | 0 | — | — |
| 2023 | 63,010 | 64,806 | −1,796 | -0.6 | 0% |
In its most recent public year (2023), this organization spent $1,796 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.6 months), up from -2 in 2020. Staff pay was 0% 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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