Hugs Cafe Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,950 | 4,104 | 5,846 | 17.1 | — |
| 2015 | 256,486 | 160,326 | 96,160 | 7.6 | 32% |
| 2016 | 482,905 | 433,219 | 49,686 | 4.2 | 45% |
| 2017 | 418,994 | 400,672 | 18,322 | 5.1 | 47% |
| 2018 | 519,795 | 442,601 | 77,194 | 6.7 | 44% |
| 2019 | 609,773 | 577,422 | 32,351 | 5.8 | 42% |
| 2020 | 909,348 | 605,694 | 303,654 | 12.2 | 41% |
| 2021 | 1,129,606 | 750,119 | 379,487 | 16.0 | 42% |
| 2022 | 1,249,591 | 946,144 | 303,447 | 16.5 | 42% |
| 2023 | 1,884,616 | 1,204,494 | 680,122 | 19.7 | 45% |
In its most recent public year (2023), this organization brought in $680,122 more than it spent. Its reserves stood at about 19.7 months of spending, up from 17.1 in 2014. Staff pay was 45% of spending. $218,185 of its net assets are donor-restricted.
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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