Top Honors Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 45,845 | 31,448 | 14,397 | 14.0 | — |
| 2014 | 84,680 | 53,415 | 31,265 | 15.2 | — |
| 2015 | 90,972 | 109,889 | −18,917 | 5.3 | — |
| 2016 | 136,886 | 115,361 | 21,525 | 7.3 | — |
| 2017 | 193,212 | 131,684 | 61,528 | 12.0 | 72% |
| 2018 | 437,428 | 254,873 | 182,555 | 14.8 | 53% |
| 2019 | 192,881 | 295,647 | −102,766 | 8.6 | 44% |
| 2020 | 313,196 | 298,134 | 15,062 | 9.2 | 24% |
| 2021 | 827,126 | 399,828 | 427,298 | 19.6 | 73% |
| 2022 | 751,387 | 704,456 | 46,931 | 12.0 | 66% |
| 2023 | 730,175 | 743,703 | −13,528 | 11.1 | 62% |
In its most recent public year (2023), this organization spent $13,528 more than it brought in. Its reserves stood at about 11.1 months of spending, down from 14 in 2013. Staff pay was 62% 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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