Boys Club Of Hobbs Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,350,754 | 2,242,221 | −891,467 | 16.0 | 38% |
| 2021 | 2,101,388 | 2,105,916 | −4,528 | 18.7 | 38% |
| 2022 | 1,493,218 | 2,328,491 | −835,273 | 10.8 | 40% |
| 2023 | 1,612,951 | 2,352,010 | −739,059 | 8.4 | 44% |
In its most recent public year (2023), this organization spent $739,059 more than it brought in. Its reserves stood at about 8.4 months of spending, down from 16 in 2020. Staff pay was 44% of spending. $4,272,190 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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