Hancock Rural Telephone Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 41,650,588 | 38,062,014 | 3,588,574 | 16.3 | 3% |
| 2012 | 43,788,607 | 38,338,749 | 5,449,858 | 17.8 | 2% |
| 2013 | 46,624,312 | 39,452,630 | 7,171,682 | 19.5 | 2% |
| 2014 | 48,071,689 | 42,078,190 | 5,993,499 | 20.0 | 1% |
| 2015 | 48,150,695 | 42,662,299 | 5,488,396 | 21.3 | 2% |
| 2016 | 47,898,538 | 44,105,655 | 3,792,883 | 22.0 | 2% |
| 2017 | 48,526,726 | 41,702,253 | 6,824,473 | 25.4 | 2% |
| 2018 | 51,760,928 | 46,936,657 | 4,824,271 | 24.3 | 2% |
| 2019 | 51,230,558 | 47,803,900 | 3,426,658 | 28.0 | 3% |
| 2022 | 58,752,932 | 56,884,228 | 1,868,704 | 38.9 | 3% |
| 2023 | 61,799,832 | 58,214,132 | 3,585,700 | 40.0 | 3% |
In its most recent public year (2023), this organization brought in $3,585,700 more than it spent. Its reserves stood at about 40 months of spending, up from 16.3 in 2011. Staff pay was 3% 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
Hancock Rural Telephone 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