Hungarian American Association Of Washington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2023 | 69,621 | 53,682 | 15,939 | 69.5 | — |
| 2024 | 80,156 | 51,754 | 28,402 | 78.7 | — |
In its most recent public year (2024), this organization brought in $28,402 more than it spent. Its reserves stood at about 78.7 months of spending, up from 69.5 in 2023.
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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