Hull Industrial Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,439 | 21,415 | 9,024 | 366.5 | 0% |
| 2012 | 76,817 | 46,659 | 30,158 | 176.0 | 0% |
| 2013 | 439,983 | 147,909 | 292,074 | 79.2 | 0% |
| 2014 | 518,266 | 154,959 | 363,307 | 103.7 | 0% |
| 2015 | 618,630 | 204,098 | 414,532 | 103.1 | 0% |
| 2016 | 386,129 | 211,354 | 174,775 | 109.5 | 0% |
| 2017 | 342,946 | 188,636 | 154,310 | 132.5 | 0% |
| 2018 | 685,739 | 259,879 | 425,860 | 115.9 | 0% |
| 2019 | 717,050 | 192,357 | 524,693 | 189.3 | 0% |
| 2020 | 275,739 | 130,145 | 145,594 | 293.2 | 0% |
| 2021 | −269,610 | 258,615 | −528,225 | 123.0 | 0% |
| 2022 | −1,113,678 | 417,719 | −1,531,397 | 32.2 | 0% |
| 2023 | 437,198 | 202,946 | 234,252 | 80.1 | 0% |
In its most recent public year (2023), this organization brought in $234,252 more than it spent. Its reserves stood at about 80.1 months of spending, down from 366.5 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
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