Houma Invitational Oil Tournament Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,495 | 47,875 | −7,380 | 15.1 | — |
| 2012 | 58,749 | 38,466 | 20,283 | 25.1 | — |
| 2013 | 30,311 | 66,196 | −35,885 | 8.1 | — |
| 2014 | 40,111 | 38,667 | 1,444 | 14.3 | — |
| 2015 | 79,736 | 36,338 | 43,398 | 29.6 | — |
| 2016 | 65,897 | 44,228 | 21,669 | 30.2 | — |
| 2017 | 40,055 | 74,675 | −34,620 | 12.3 | — |
| 2018 | 57,089 | 61,616 | −4,527 | 14.0 | — |
| 2019 | 42,530 | 67,274 | −24,744 | 8.4 | — |
| 2020 | 0 | 9,499 | −9,499 | 103.2 | — |
| 2021 | 44,874 | 66,819 | −21,945 | 2.8 | — |
| 2022 | 67,339 | 37,773 | 29,566 | 14.4 | — |
| 2023 | 75,719 | 44,349 | 31,370 | 20.8 | — |
In its most recent public year (2023), this organization brought in $31,370 more than it spent. Its reserves stood at about 20.8 months of spending, up from 15.1 in 2011.
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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