Word Of Honor Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 467,282 | 290,740 | 176,542 | 52.0 | 20% |
| 2021 | 459,799 | 311,915 | 147,884 | 54.2 | 15% |
| 2022 | 408,222 | 420,338 | −12,116 | 39.9 | 25% |
| 2023 | 579,257 | 387,855 | 191,402 | 49.1 | 27% |
In its most recent public year (2023), this organization brought in $191,402 more than it spent. Its reserves stood at about 49.1 months of spending, down from 52 in 2020. Staff pay was 27% 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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