Hastings Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,170,220 | 624,533 | 1,545,687 | 119.0 | 7% |
| 2012 | 969,739 | 426,433 | 543,306 | 201.2 | 10% |
| 2013 | 1,119,594 | 1,044,778 | 74,816 | 91.1 | 4% |
| 2014 | 1,424,556 | 1,186,518 | 238,038 | 81.5 | 4% |
| 2015 | 1,762,572 | 1,175,116 | 587,456 | 82.7 | 4% |
| 2016 | 1,636,041 | 1,407,348 | 228,693 | 71.6 | 3% |
| 2017 | 2,465,661 | 1,466,814 | 998,847 | 79.9 | 4% |
| 2018 | 2,923,541 | 1,537,316 | 1,386,225 | 77.3 | 3% |
| 2019 | 2,655,180 | 1,008,540 | 1,646,640 | 147.1 | 5% |
| 2020 | 3,055,783 | 2,587,624 | 468,159 | 60.2 | 4% |
| 2021 | 10,811,389 | 2,515,157 | 8,296,232 | 81.1 | 5% |
| 2022 | 1,453,084 | 2,960,748 | −1,507,664 | 54.7 | 4% |
| 2023 | 3,086,578 | 2,973,593 | 112,985 | 61.1 | 5% |
In its most recent public year (2023), this organization brought in $112,985 more than it spent. Its reserves stood at about 61.1 months of spending, down from 119 in 2011. Staff pay was 5% of spending. $14,978,704 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 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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