Hbcu Week Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 512,681 | 262,075 | 250,606 | 11.5 | 0% |
| 2021 | 1,173,673 | 965,569 | 208,104 | 5.7 | 0% |
| 2022 | 2,058,154 | 2,226,398 | −168,244 | 1.6 | 0% |
| 2023 | 2,197,225 | 1,921,102 | 276,123 | 3.6 | 0% |
In its most recent public year (2023), this organization brought in $276,123 more than it spent. Its reserves stood at about 3.6 months of spending, down from 11.5 in 2020. Staff pay was 0% 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
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