Hermelin Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 462,155 | 599,254 | −137,099 | 50.8 | 0% |
| 2012 | 216,872 | 561,476 | −344,604 | 44.1 | 0% |
| 2013 | 329,355 | 409,206 | −79,851 | 63.8 | 0% |
| 2014 | 405,901 | 474,991 | −69,090 | 55.3 | 0% |
| 2015 | 241,628 | 478,944 | −237,316 | 49.9 | 0% |
| 2016 | 65,734 | 568,692 | −502,958 | 38.6 | 0% |
| 2017 | 1,051,767 | 457,924 | 593,843 | 70.0 | 0% |
| 2018 | 150,546 | 1,652,503 | −1,501,957 | 8.6 | 0% |
| 2019 | −31,579 | 507,329 | −538,908 | 16.2 | 0% |
| 2020 | 4,103,836 | 424,925 | 3,678,911 | 113.9 | 0% |
| 2021 | 276,605 | 186,379 | 90,226 | 320.6 | 0% |
| 2022 | 748,037 | 214,779 | 533,258 | 277.6 | 0% |
| 2023 | 218,139 | 394,129 | −175,990 | 141.2 | 0% |
In its most recent public year (2023), this organization spent $175,990 more than it brought in. Its reserves stood at about 141.2 months of spending, up from 50.8 in 2011. Staff pay was 0% 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
Hermelin Family Foundation'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