Higher Power Sports
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 50,842 | 51,650 | −808 | 3.2 | — |
| 2021 | 82,261 | 69,021 | 13,240 | 2.8 | 50% |
| 2022 | 71,474 | 71,460 | 14 | 2.7 | 38% |
| 2023 | 63,917 | 60,992 | 2,925 | 3.7 | 2% |
In its most recent public year (2023), this organization brought in $2,925 more than it spent. Its reserves stood at about 3.7 months of spending. Staff pay was 2% 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
Higher Power Sports's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works