Hollis Local Development Corpora Tion
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 38,055 | 53,766 | −15,711 | 205.1 | 0% |
| 2011 | 9,625 | 124,128 | −114,503 | 78.2 | 0% |
| 2012 | 3,599 | 77,210 | −73,611 | 114.3 | 0% |
| 2013 | 34,699 | 66,063 | −31,364 | 127.8 | 0% |
| 2014 | 23,345 | 48,275 | −24,930 | 168.8 | 0% |
| 2015 | 51,890 | 27,295 | 24,595 | 309.3 | 0% |
| 2016 | 230,986 | 92,038 | 138,948 | 109.8 | 72% |
| 2017 | 68,264 | 124,780 | −56,516 | 75.5 | 80% |
| 2018 | 33,743 | 111,922 | −78,179 | 76.0 | 89% |
| 2019 | 517,041 | 102,039 | 415,002 | 132.2 | 76% |
| 2020 | −110,554 | 4,414 | −114,968 | 2888.9 | 0% |
| 2021 | −24,463 | 2,890 | −27,353 | 4298.8 | 0% |
| 2022 | 137 | 2,916 | −2,779 | 4026.1 | 0% |
| 2023 | 853 | 12,763 | −11,910 | 908.7 | 0% |
In its most recent public year (2023), this organization spent $11,910 more than it brought in. Its reserves stood at about 908.7 months of spending, up from 205.1 in 2010. 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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