Jake Kielbs Hockey Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 89,604 | 85,540 | 4,064 | 10.9 | — |
| 2022 | 839,257 | 717,106 | 122,151 | 0.0 | 26% |
| 2023 | 1,457,542 | 1,292,892 | 164,650 | 0.0 | 27% |
In its most recent public year (2023), this organization brought in $164,650 more than it spent. Its reserves stood at about 0 months of spending, down from 10.9 in 2019. Staff pay was 27% 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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