Hagerstown Ice Amateur Athletic Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 399,242 | 344,194 | 55,048 | 2.2 | 44% |
| 2016 | 465,864 | 386,696 | 79,168 | 4.4 | 50% |
| 2017 | 490,494 | 486,868 | 3,626 | 3.6 | 46% |
| 2018 | 568,328 | 660,542 | −92,214 | 1.0 | 38% |
| 2019 | 570,212 | 571,910 | −1,698 | 1.1 | 49% |
| 2020 | 513,373 | 599,156 | −85,783 | -0.7 | 49% |
| 2021 | 634,264 | 678,640 | −44,376 | -1.4 | 47% |
| 2022 | 733,608 | 573,113 | 160,495 | 1.7 | 49% |
| 2023 | 637,695 | 716,038 | −78,343 | 0.1 | 51% |
In its most recent public year (2023), this organization spent $78,343 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 2.2 in 2015. Staff pay was 51% 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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