Hawaii Restaurant Association Educational Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,225 | 48,479 | 7,746 | 17.7 | 52% |
| 2021 | 172,615 | 49,389 | 123,226 | 47.4 | 51% |
| 2022 | 146,338 | 85,424 | 60,914 | 35.9 | 29% |
| 2023 | 142,262 | 132,181 | 10,081 | 24.1 | 19% |
In its most recent public year (2023), this organization brought in $10,081 more than it spent. Its reserves stood at about 24.1 months of spending, up from 17.7 in 2020. Staff pay was 19% 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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