Hub Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 419,718 | 641,317 | −221,599 | -4.1 | 36% |
| 2018 | 493,302 | 1,736,156 | −1,242,854 | -8.6 | 45% |
| 2019 | 744,539 | 2,669,104 | −1,924,565 | -14.2 | 29% |
| 2020 | 200,372 | 1,113,513 | −913,141 | -44.0 | 29% |
| 2021 | 15,000 | 346,161 | −331,161 | -152.9 | 23% |
| 2022 | 5,141 | 31,426 | −26,285 | -1694.6 | 66% |
In its most recent public year (2022), this organization spent $26,285 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1694.6 months), down from -4.1 in 2017. Staff pay was 66% 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 2022. 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
Hub Foundation's IRS filings as a feed — one entry per filing year, through 2022. 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