Operating record

William L Hipsley Trust

Table Grove, IL · EIN 37-6282901 · files full Form 990 · latest public year 2024

YearMoney inMoney outResultReserve mo.Staffing
2021$228,291$96,928$131,363159.90%
2022−$12,294$160,819−$173,11378.40%
2023$36,853$41,428−$4,575317.50%
2024$34,229$88,107−$53,878154.211%

In its most recent public year (2024), this organization spent $53,878 more than it brought in. Its reserves stood at about 154.2 months of spending, down from 159.9 in 2021. Staff pay was 11% of spending. $1,132,171 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 2024. 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 ↗