Hartford Food System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 580,889 | 506,670 | 74,219 | 9.5 | 60% |
| 2021 | 628,386 | 558,652 | 69,734 | 10.3 | 61% |
| 2022 | 456,680 | 526,204 | −69,524 | 9.2 | 59% |
| 2023 | 279,495 | 445,987 | −166,492 | 6.4 | 54% |
In its most recent public year (2023), this organization spent $166,492 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 9.5 in 2020. Staff pay was 54% 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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