Herman Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,189 | 10,945 | −1,756 | 60.4 | 0% |
| 2012 | 9,721 | 6,725 | 2,996 | 103.6 | 0% |
| 2013 | 47,605 | 18,920 | 28,685 | 55.0 | 0% |
| 2014 | 107,037 | 4,774 | 102,263 | 475.2 | — |
| 2015 | 476,126 | 33,692 | 442,434 | 224.9 | 0% |
| 2016 | 349,671 | 73,862 | 275,809 | 147.4 | 0% |
| 2017 | 151,371 | 78,177 | 73,194 | 145.9 | 0% |
| 2018 | 107,682 | 52,974 | 54,708 | -18.7 | — |
| 2019 | 44,086 | 14,013 | 30,073 | -44.8 | — |
| 2020 | 28,497 | 31,940 | −3,443 | -20.9 | — |
| 2021 | 110,689 | 22,994 | 87,695 | 16.7 | 6% |
| 2022 | 46,153 | 28,105 | 18,048 | 21.3 | — |
| 2023 | 376 | 2,853 | −2,477 | 199.9 | — |
In its most recent public year (2023), this organization spent $2,477 more than it brought in. Its reserves stood at about 199.9 months of spending, up from 60.4 in 2011.
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
Herman Development Corporation'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