Hermon Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 130,906 | 124,037 | 6,869 | 1.9 | 0% |
| 2012 | 108,966 | 121,878 | −12,912 | 0.7 | 0% |
| 2013 | 108,645 | 125,478 | −16,833 | -0.9 | 0% |
| 2014 | 109,602 | 125,842 | −16,240 | -2.5 | 0% |
| 2015 | 105,900 | 130,772 | −24,872 | -4.7 | 0% |
| 2016 | 110,676 | 133,874 | −23,198 | -6.6 | 0% |
| 2017 | 116,324 | 142,449 | −26,125 | -8.4 | 0% |
| 2018 | 119,296 | 134,054 | −14,758 | -10.3 | 0% |
| 2019 | 119,029 | 131,707 | −12,678 | -11.6 | 0% |
| 2020 | 119,922 | 128,416 | −8,494 | -12.7 | 0% |
| 2021 | 122,337 | 113,521 | 8,816 | -13.4 | 0% |
| 2022 | 123,870 | 114,319 | 9,551 | -12.4 | 0% |
| 2023 | 137,369 | 126,340 | 11,029 | -10.1 | 0% |
In its most recent public year (2023), this organization brought in $11,029 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months), down from 1.9 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
Hermon Development Corp'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