The Hub News Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 450,030 | 24,947 | 425,083 | 204.5 | 0% |
| 2022 | 47 | 124,190 | −124,143 | 29.1 | — |
| 2023 | 34 | 163,332 | −163,298 | 10.1 | — |
In its most recent public year (2023), this organization spent $163,298 more than it brought in. Its reserves stood at about 10.1 months of spending, down from 204.5 in 2021.
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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