Huron Waterloo Pathways Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 5,414,581 | 1,772,422 | 3,642,159 | 24.8 | 8% |
| 2020 | 1,878,322 | 2,138,618 | −260,296 | 19.1 | 11% |
| 2021 | 2,820,236 | 1,843,868 | 976,368 | 28.5 | 13% |
| 2022 | 4,196,402 | 2,099,294 | 2,097,108 | 36.2 | 13% |
| 2023 | 2,532,927 | 2,901,602 | −368,675 | 24.7 | 12% |
In its most recent public year (2023), this organization spent $368,675 more than it brought in. Its reserves stood at about 24.7 months of spending. Staff pay was 12% of spending. $3,556,261 of its net assets are donor-restricted.
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
Huron Waterloo Pathways Initiative'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