Hanover Youth Ball
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 69,630 | 60,311 | 9,319 | 5.7 | — |
| 2020 | 60,754 | 46,606 | 14,148 | 11.0 | — |
| 2021 | 37,222 | 44,319 | −7,097 | 9.8 | — |
| 2022 | 78,743 | 86,880 | −8,137 | 3.9 | — |
| 2023 | 89,204 | 94,756 | −5,552 | 2.9 | — |
In its most recent public year (2023), this organization spent $5,552 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 5.7 in 2019.
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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