Harkness House Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 80,255 | 378,613 | −298,358 | -11.8 | — |
| 2024 | 288,394 | 345,748 | −57,354 | -14.9 | 33% |
In its most recent public year (2024), this organization spent $57,354 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.9 months), down from -11.8 in 2023. Staff pay was 33% 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 2024. 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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