The Greater Hunts Point Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 528,362 | 466,632 | 61,730 | -3.2 | 11% |
| 2011 | 473,644 | 429,708 | 43,936 | -2.3 | 61% |
| 2012 | 470,989 | 467,269 | 3,720 | -2.0 | 55% |
| 2013 | 347,448 | 399,985 | −52,537 | -4.0 | 55% |
| 2014 | 314,272 | 371,039 | −56,767 | -5.8 | 50% |
| 2015 | 183,336 | 316,272 | −132,936 | -11.8 | 53% |
| 2016 | 85,009 | 147,936 | −62,927 | -30.4 | 36% |
| 2017 | 14,639 | 11,036 | 3,603 | -403.6 | — |
| 2020 | 142,522 | 92,222 | 50,300 | -44.2 | — |
| 2021 | 102,137 | 54,151 | 47,986 | -64.6 | — |
| 2022 | 69,378 | 18,818 | 50,560 | -153.6 | — |
| 2023 | 72,679 | 17,172 | 55,507 | -129.5 | — |
In its most recent public year (2023), this organization brought in $55,507 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-129.5 months), down from -3.2 in 2010.
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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