Hendersonville Connections Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 84,152 | 20,612 | 63,540 | 52.0 | — |
| 2016 | 58,295 | 31,924 | 26,371 | 45.2 | — |
| 2017 | 35,215 | 36,122 | −907 | 14.1 | — |
| 2018 | 1,527 | 5,100 | −3,573 | 91.8 | — |
| 2019 | 441 | 12,693 | −12,252 | 23.2 | — |
| 2020 | 4 | 6,534 | −6,530 | 33.1 | — |
| 2021 | 89,408 | 7,015 | 82,393 | 166.8 | — |
| 2022 | 102,771 | 110,565 | −7,794 | 9.7 | — |
In its most recent public year (2022), this organization spent $7,794 more than it brought in. Its reserves stood at about 9.7 months of spending, down from 52 in 2015.
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 2022. 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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