Parents And Friends Of Hancock Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,691,617 | 4,218,501 | 473,116 | 12.7 | 65% |
| 2021 | 5,652,396 | 4,665,982 | 986,414 | 14.0 | 65% |
| 2022 | 5,601,321 | 4,923,978 | 677,343 | 14.7 | 65% |
| 2023 | 5,949,413 | 5,435,745 | 513,668 | 14.6 | 66% |
| 2024 | 6,745,440 | 5,988,956 | 756,484 | 15.0 | 62% |
In its most recent public year (2024), this organization brought in $756,484 more than it spent. Its reserves stood at about 15 months of spending, up from 12.7 in 2020. Staff pay was 62% of spending. $255,100 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 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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