Half Moon Bay Downtown Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,634 | 2,120 | 2,514 | 14.2 | — |
| 2020 | 9,343 | 10 | 9,333 | 14216.4 | — |
| 2022 | 144,721 | 154,343 | −9,622 | 0.6 | — |
| 2023 | 148,557 | 151,800 | −3,243 | 0.4 | — |
In its most recent public year (2023), this organization spent $3,243 more than it brought in. Its reserves stood at about 0.4 months of spending, down from 14.2 in 2019.
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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