Honduras Development Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 210,444 | 148,113 | 62,331 | 8.3 | 0% |
| 2021 | 136,705 | 202,855 | −66,150 | 2.2 | 0% |
| 2022 | 120,158 | 121,851 | −1,693 | 3.4 | 0% |
| 2023 | 156,816 | 166,127 | −9,311 | 1.8 | 0% |
In its most recent public year (2023), this organization spent $9,311 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 8.3 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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