Hope Of Martin Community Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 634,054 | 32,066 | 601,988 | 735.7 | 50% |
| 2012 | 35,710 | 30,121 | 5,589 | 785.5 | 56% |
| 2013 | 4,573 | 30,088 | −25,515 | 776.1 | 50% |
| 2014 | −54,127 | 27,775 | −81,902 | 805.4 | 54% |
| 2015 | 799,974 | 30,065 | 769,909 | 1051.3 | 50% |
| 2016 | −15,294 | 30,177 | −45,471 | 1044.8 | 50% |
| 2017 | −45,177 | 27,301 | −72,478 | 1123.0 | 55% |
| 2018 | −36,726 | 28,245 | −64,971 | 1057.8 | 55% |
| 2019 | −51,384 | 31,279 | −82,663 | 923.5 | 50% |
| 2020 | −47,638 | 42,318 | −89,956 | 657.1 | 67% |
| 2021 | −50,735 | 48,886 | −99,621 | 544.4 | 72% |
In its most recent public year (2021), this organization spent $99,621 more than it brought in. Its reserves stood at about 544.4 months of spending, down from 735.7 in 2011. Staff pay was 72% of spending. $95,000 of its net assets are donor-restricted.
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 2021. 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
Hope Of Martin Community Development Corp's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works