Hagerstown Junior College Alumni Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,253 | 22,288 | 2,965 | 329.2 | 0% |
| 2021 | 11,977 | 114,400 | −102,423 | 53.4 | 0% |
| 2022 | 80,923 | 112,964 | −32,041 | 50.7 | 0% |
| 2023 | 108,185 | 52,095 | 56,090 | 122.8 | 0% |
In its most recent public year (2023), this organization brought in $56,090 more than it spent. Its reserves stood at about 122.8 months of spending, down from 329.2 in 2020. Staff pay was 0% 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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