Hawaii Surfing Development Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 311,626 | 4,636 | 306,990 | 794.6 | 0% |
| 2018 | −129,541 | 143,256 | −272,797 | 2.9 | 0% |
| 2019 | 62,370 | 33,278 | 29,092 | 39.0 | — |
| 2020 | 29,063 | 13,830 | 15,233 | 107.0 | — |
| 2021 | 0 | 9,621 | −9,621 | 150.5 | — |
| 2022 | 0 | 65,393 | −65,393 | 10.1 | — |
| 2023 | 22,068 | 8,158 | 13,910 | 101.8 | — |
In its most recent public year (2023), this organization brought in $13,910 more than it spent. Its reserves stood at about 101.8 months 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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