Hammond Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 617,573 | 858,215 | −240,642 | 39.3 | 33% |
| 2012 | 469,004 | 1,024,538 | −555,534 | 26.4 | 21% |
| 2013 | 1,032,496 | 554,997 | 477,499 | 59.1 | 28% |
| 2014 | 505,674 | 562,977 | −57,303 | 58.3 | 23% |
| 2015 | 578,989 | 601,632 | −22,643 | 56.1 | 21% |
| 2016 | 508,625 | 641,647 | −133,022 | 47.7 | 23% |
| 2017 | 471,308 | 505,786 | −34,478 | 59.7 | 15% |
| 2018 | 1,708,414 | 1,419,773 | 288,641 | 23.4 | 8% |
| 2019 | 1,570,780 | 2,060,756 | −489,976 | 13.3 | 7% |
| 2020 | 1,549,047 | 545,620 | 1,003,427 | 57.4 | 22% |
| 2021 | 1,032,224 | 2,082,749 | −1,050,525 | 8.8 | 7% |
In its most recent public year (2021), this organization spent $1,050,525 more than it brought in. Its reserves stood at about 8.8 months of spending, down from 39.3 in 2011. Staff pay was 7% of spending. $155,521 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
Hammond Development Corporation'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