Hospers Area Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,696 | 84,155 | 42,541 | 40.8 | 0% |
| 2012 | 129,176 | 80,369 | 48,807 | 50.0 | 0% |
| 2013 | 133,392 | 73,052 | 60,340 | 64.9 | 0% |
| 2014 | 129,703 | 89,965 | 39,738 | 58.0 | 0% |
| 2015 | 127,137 | 86,244 | 40,893 | 66.2 | 0% |
| 2016 | 64,636 | 7,772 | 56,864 | 822.3 | 0% |
| 2017 | 54,097 | 11,578 | 42,519 | 596.1 | 0% |
| 2018 | 36,154 | 6,381 | 29,773 | 1137.5 | 0% |
| 2019 | 89,323 | 61,549 | 27,774 | 123.3 | 0% |
| 2020 | 94,943 | 65,555 | 29,388 | 121.2 | 0% |
| 2021 | 115,327 | 81,849 | 33,478 | 102.0 | 0% |
| 2022 | −12,589 | 64,238 | −76,827 | 115.6 | 0% |
| 2023 | 92,010 | 54,816 | 37,194 | 143.6 | 0% |
In its most recent public year (2023), this organization brought in $37,194 more than it spent. Its reserves stood at about 143.6 months of spending, up from 40.8 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
Hospers Area 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