Herman Knapp Testamonial Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 445,108 | 37,107 | 408,001 | 3278.6 | 0% |
| 2021 | 548,371 | 45,623 | 502,748 | 2890.1 | 0% |
| 2022 | 276,178 | 352,582 | −76,404 | 311.1 | 0% |
| 2023 | 399,282 | 102,273 | 297,009 | 1192.1 | 0% |
In its most recent public year (2023), this organization brought in $297,009 more than it spent. Its reserves stood at about 1192.1 months of spending, down from 3278.6 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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