Hub City Senior Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 43,311 | 49,501 | −6,190 | 23.3 | — |
| 2020 | 41,628 | 11,585 | 30,043 | 130.6 | — |
| 2021 | 11,729 | 19,666 | −7,937 | 72.1 | — |
| 2022 | 53,669 | 25,301 | 28,368 | 69.5 | — |
In its most recent public year (2022), this organization brought in $28,368 more than it spent. Its reserves stood at about 69.5 months of spending, up from 23.3 in 2019.
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 2022. 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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