Honor Choir
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,075 | 1,075 | 0 | 0.0 | — |
| 2014 | 136,732 | 93,119 | 43,613 | 5.6 | — |
| 2015 | 43,568 | 84,628 | −41,060 | 0.4 | — |
| 2016 | 71,753 | 41,704 | 30,049 | 9.4 | — |
| 2017 | 86,660 | 109,406 | −22,746 | 1.1 | — |
| 2018 | 95,249 | 94,659 | 590 | 1.3 | — |
| 2019 | 58,459 | 59,517 | −1,058 | 1.9 | — |
| 2020 | 25,015 | 30,713 | −5,698 | 1.4 | — |
| 2021 | 14,705 | 13,996 | 709 | 3.8 | — |
| 2022 | 31,915 | 40,731 | −8,816 | -1.3 | — |
| 2023 | 133,412 | 109,024 | 24,388 | 3.0 | — |
In its most recent public year (2023), this organization brought in $24,388 more than it spent. Its reserves stood at about 3 months of spending, up from 0 in 2013.
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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