Pipe Hitter Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,719 | 26,674 | 30,045 | 13.5 | — |
| 2021 | 3,304,312 | 2,774,549 | 529,763 | 2.4 | 0% |
| 2022 | 615,179 | 665,576 | −50,397 | 9.2 | 0% |
| 2023 | 386,655 | 436,966 | −50,311 | 12.7 | 0% |
In its most recent public year (2023), this organization spent $50,311 more than it brought in. Its reserves stood at about 12.7 months of spending. Staff pay was 0% of spending. $11,288 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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