Hanyc Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 211,680 | 54,621 | 157,059 | 34.5 | 0% |
| 2020 | 11,120 | 65,488 | −54,368 | 18.8 | 0% |
| 2021 | 19,500 | 61,971 | −42,471 | 11.7 | 0% |
| 2022 | 385,292 | 136,118 | 249,174 | 27.3 | 0% |
| 2023 | 1,599,624 | 667,289 | 932,335 | 22.5 | 22% |
In its most recent public year (2023), this organization brought in $932,335 more than it spent. Its reserves stood at about 22.5 months of spending, down from 34.5 in 2019. Staff pay was 22% of spending. $40,219 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
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