Hornell Industrial Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,534 | 14,436 | −9,902 | 321.2 | — |
| 2012 | 615 | 16,902 | −16,287 | 262.8 | — |
| 2013 | 569 | 63,897 | −63,328 | 57.6 | — |
| 2014 | 559 | 12,101 | −11,542 | 292.8 | — |
| 2015 | 558 | 11,853 | −11,295 | 287.5 | — |
| 2017 | 534 | 25,748 | −25,214 | 115.2 | — |
| 2018 | 1,666 | 37,464 | −35,798 | 67.9 | — |
| 2019 | 2,142 | 25,685 | −23,543 | 88.4 | — |
| 2020 | 251,556 | 45,540 | 206,016 | 104.1 | 0% |
| 2021 | 2,157 | 23,624 | −21,467 | 189.8 | 0% |
| 2022 | 1,543 | 9,830 | −8,287 | 446.1 | 0% |
| 2023 | 73 | 19,046 | −18,973 | 218.3 | 0% |
In its most recent public year (2023), this organization spent $18,973 more than it brought in. Its reserves stood at about 218.3 months of spending, down from 321.2 in 2011. 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
Hornell Industrial Development Corporation's IRS filings as a feed — one entry per filing year, through 2023. 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