Homers 2 42 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 292,944 | 291,577 | 1,367 | 7.0 | 30% |
| 2022 | 348,867 | 350,616 | −1,749 | 5.8 | 36% |
| 2023 | 217,796 | 244,386 | −26,590 | 5.6 | 42% |
In its most recent public year (2023), this organization spent $26,590 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 7 in 2021. Staff pay was 42% 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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