Harbor Association Of Industry & Commerce
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 143,969 | 70,259 | 73,710 | 57.1 | 0% |
| 2021 | 97,311 | 89,173 | 8,138 | 35.9 | 0% |
| 2022 | 83,689 | 102,197 | −18,508 | 29.3 | — |
| 2023 | 104,367 | 103,483 | 884 | 29.0 | — |
In its most recent public year (2023), this organization brought in $884 more than it spent. Its reserves stood at about 29 months of spending, down from 57.1 in 2020.
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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