Harmony Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 338,586 | 270,977 | 67,609 | 22.7 | 0% |
| 2020 | 192,396 | 103,267 | 89,129 | 70.8 | 0% |
| 2021 | 156,450 | 88,953 | 67,497 | 92.3 | 36% |
| 2022 | 325,690 | 281,249 | 44,441 | 30.0 | 14% |
| 2023 | 478,919 | 379,546 | 99,373 | 25.6 | 12% |
In its most recent public year (2023), this organization brought in $99,373 more than it spent. Its reserves stood at about 25.6 months of spending, up from 22.7 in 2019. Staff pay was 12% of spending. $57,538 of its net assets are donor-restricted.
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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