Hale Center Senior Citizens Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 178,064 | 156,860 | 21,204 | 4.7 | 49% |
| 2021 | 142,286 | 156,706 | −14,420 | 4.7 | — |
| 2022 | 163,660 | 163,656 | 4 | 4.4 | — |
| 2023 | 164,574 | 189,350 | −24,776 | 2.0 | — |
In its most recent public year (2023), this organization spent $24,776 more than it brought in. Its reserves stood at about 2 months of spending, down from 4.7 in 2020.
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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