Hammer Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,955,913 | 18,959,523 | −3,610 | 7.6 | 58% |
| 2012 | 21,133,112 | 21,352,776 | −219,664 | 6.9 | 58% |
| 2013 | 23,492,633 | 23,049,283 | 443,350 | 7.0 | 58% |
| 2014 | 24,666,716 | 24,456,052 | 210,664 | 6.7 | 58% |
| 2015 | 25,195,369 | 25,310,816 | −115,447 | 6.4 | 58% |
| 2016 | 27,204,864 | 26,881,780 | 323,084 | 6.2 | 57% |
| 2017 | 28,491,769 | 28,697,962 | −206,193 | 6.0 | 57% |
| 2018 | 28,031,584 | 28,551,882 | −520,298 | 5.6 | 58% |
| 2019 | 28,119,241 | 27,516,853 | 602,388 | 6.6 | 59% |
| 2020 | 31,428,618 | 29,102,611 | 2,326,007 | 7.6 | 62% |
| 2021 | 31,216,028 | 28,312,073 | 2,903,955 | 9.4 | 62% |
| 2022 | 33,255,564 | 31,524,716 | 1,730,848 | 10.2 | 62% |
| 2023 | 42,228,145 | 43,102,131 | −873,986 | 7.6 | 64% |
In its most recent public year (2023), this organization spent $873,986 more than it brought in. Its reserves stood at about 7.6 months of spending. Staff pay was 64% of spending. $2,853,270 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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