Hbcu First Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,558 | 21,440 | 35,118 | 19.7 | 0% |
| 2021 | 199,807 | 229,529 | −29,722 | 4.5 | 0% |
| 2022 | 391,504 | 422,372 | −30,868 | 1.6 | 18% |
| 2023 | 417,662 | 446,562 | −28,900 | 0.7 | 24% |
In its most recent public year (2023), this organization spent $28,900 more than it brought in. Its reserves stood at about 0.7 months of spending, down from 19.7 in 2020. Staff pay was 24% of spending.
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
Hbcu First Inc'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