Hastings Parent Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,632 | 20,251 | 381 | 13.5 | — |
| 2012 | 22,693 | 20,540 | 2,153 | 14.5 | — |
| 2013 | 20,481 | 15,933 | 4,548 | 22.2 | — |
| 2023 | 17,186 | 18,750 | −1,564 | 25.5 | — |
In its most recent public year (2023), this organization spent $1,564 more than it brought in. Its reserves stood at about 25.5 months of spending, up from 13.5 in 2011.
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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