Hudson Turkish American Cultural Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,040,995 | 847,460 | 193,535 | 10.2 | 59% |
| 2021 | 1,865,867 | 1,637,307 | 228,560 | 6.9 | 45% |
| 2022 | 1,969,057 | 2,268,148 | −299,091 | 3.4 | 36% |
| 2023 | 2,991,818 | 3,236,011 | −244,193 | 1.5 | 38% |
In its most recent public year (2023), this organization spent $244,193 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 10.2 in 2020. Staff pay was 38% 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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