Hawaii Heat Fc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 371,507 | 340,873 | 30,634 | 3.4 | 64% |
| 2021 | 365,896 | 301,893 | 64,003 | 6.4 | 73% |
| 2022 | 206,025 | 272,825 | −66,800 | 4.1 | 60% |
| 2023 | 0 | 38,958 | −38,958 | 16.9 | — |
In its most recent public year (2023), this organization spent $38,958 more than it brought in. Its reserves stood at about 16.9 months of spending, up from 3.4 in 2020.
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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