Hack Reduce Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 240,000 | 186,937 | 53,063 | 3.4 | 32% |
| 2013 | 342,194 | 332,858 | 9,336 | 2.2 | 24% |
| 2014 | 50,750 | 216,479 | −165,729 | -5.7 | — |
| 2016 | 9,824 | 60,360 | −50,536 | -29.7 | — |
| 2017 | 22,519 | 22,746 | −227 | -78.9 | — |
| 2018 | 253,040 | 255,795 | −2,755 | -7.1 | 0% |
| 2019 | 0 | 10,318 | −10,318 | -189.2 | — |
| 2020 | 12,451 | 17,328 | −4,877 | -116.1 | — |
| 2021 | 0 | 3,442 | −3,442 | -596.3 | — |
| 2022 | 264,665 | 256,503 | 8,162 | -7.6 | 0% |
| 2023 | 305,945 | 280,568 | 25,377 | -5.9 | 0% |
In its most recent public year (2023), this organization brought in $25,377 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.9 months), down from 3.4 in 2012. 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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