Hardbeauty Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 197,461 | 187,731 | 9,730 | 0.6 | — |
| 2022 | 1,461,451 | 1,023,762 | 437,689 | 5.2 | 29% |
| 2023 | 1,756,513 | 1,932,366 | −175,853 | 1.7 | 29% |
In its most recent public year (2023), this organization spent $175,853 more than it brought in. Its reserves stood at about 1.7 months of spending, up from 0.6 in 2021. Staff pay was 29% 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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