Friends Of Haac Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 120,000 | 5,202 | 114,798 | 264.8 | — |
| 2022 | 512,826 | 624,978 | −112,152 | 0.1 | 0% |
| 2023 | 210,575 | 4,997 | 205,578 | 500.0 | 0% |
In its most recent public year (2023), this organization brought in $205,578 more than it spent. Its reserves stood at about 500 months of spending, up from 264.8 in 2021. 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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