Hardesty Renaissance Economic Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 46,231 | −46,231 | -12.0 | 0% |
| 2012 | 17,930 | 187,058 | −169,128 | -13.8 | 22% |
| 2013 | 55,941 | 327,633 | −271,692 | -17.8 | 29% |
| 2014 | 113,695 | 221,026 | −107,331 | -32.3 | 25% |
| 2015 | 621,400 | 197,844 | 423,556 | -10.4 | 0% |
| 2016 | 112,412 | 469,815 | −357,403 | -13.5 | 13% |
| 2017 | 349,080 | 741,035 | −391,955 | -14.9 | 46% |
| 2018 | 36,791 | 707,598 | −670,807 | -27.0 | 34% |
| 2019 | 760 | 225,609 | −224,849 | -93.8 | 0% |
| 2020 | 0 | 406,698 | −406,698 | -64.0 | 0% |
| 2021 | 200,682 | 219,816 | −19,134 | -119.5 | 0% |
| 2022 | 1,316 | 171,617 | −170,301 | -164.9 | 0% |
| 2023 | 648 | 287,825 | −287,177 | -110.3 | 0% |
In its most recent public year (2023), this organization spent $287,177 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-110.3 months), down from -12 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
Hardesty Renaissance Economic 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