Happy News Mission
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20 | 0 | 20 | — | — |
| 2013 | 77,822 | 77,301 | 521 | 0.1 | — |
| 2015 | 96,865 | 96,702 | 163 | 0.1 | — |
| 2016 | 86,847 | 83,677 | 3,170 | 0.6 | — |
| 2017 | 84,000 | 83,649 | 351 | 0.6 | — |
| 2018 | 88,097 | 86,421 | 1,676 | 0.8 | — |
| 2019 | 74,378 | 79,095 | −4,717 | 0.2 | — |
| 2020 | 75,825 | 75,736 | 89 | 0.2 | — |
| 2021 | 86,094 | 75,952 | 10,142 | 1.8 | — |
| 2022 | 86,804 | 89,506 | −2,702 | 0.9 | — |
| 2023 | 71,307 | 77,876 | −6,569 | 0.0 | — |
In its most recent public year (2023), this organization spent $6,569 more than it brought in. Its reserves stood at about 0 months 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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