Tucker W Hipps Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 280,194 | 742 | 279,452 | 4619.4 | 0% |
| 2018 | 45,151 | 56,691 | −11,540 | 53.7 | — |
| 2019 | 36,763 | 6,601 | 30,162 | 579.1 | — |
| 2020 | 64,733 | 52,656 | 12,077 | 82.9 | — |
| 2021 | 61,413 | 53,076 | 8,337 | 87.8 | — |
| 2022 | 72,981 | 57,828 | 15,153 | 70.7 | — |
| 2023 | 54,043 | 38,902 | 15,141 | 118.9 | — |
In its most recent public year (2023), this organization brought in $15,141 more than it spent. Its reserves stood at about 118.9 months of spending, down from 4619.4 in 2017.
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
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