Hov Recreational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 147,658 | 126,583 | 21,075 | 2.8 | — |
| 2020 | 12,444 | 11,980 | 464 | 37.1 | — |
| 2021 | 25,439 | 200 | 25,239 | 1404.5 | — |
| 2022 | 111,672 | 7,603 | 104,069 | 2.9 | — |
| 2023 | 61,011 | 59,907 | 1,104 | 4.5 | — |
In its most recent public year (2023), this organization brought in $1,104 more than it spent. Its reserves stood at about 4.5 months of spending, up from 2.8 in 2018.
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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