Hereford Senior Center Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,160 | 8,017 | 10,143 | 34.5 | — |
| 2021 | 4,435 | 1,573 | 2,862 | 197.1 | — |
| 2022 | 10,047 | 10,066 | −19 | 28.0 | — |
| 2023 | 16,189 | 13,500 | 2,689 | 25.5 | — |
| 2024 | 20,892 | 12,280 | 8,612 | 36.4 | — |
In its most recent public year (2024), this organization brought in $8,612 more than it spent. Its reserves stood at about 36.4 months of spending, up from 34.5 in 2020.
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 2024. 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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