Horizon Development Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 10,750,619 | 8,557,963 | 2,192,656 | 8.2 | 20% |
| 2013 | 10,987,525 | 10,051,206 | 936,319 | 11.6 | 18% |
| 2014 | 9,632,636 | 9,809,317 | −176,681 | 15.3 | 18% |
| 2015 | 10,047,688 | 9,558,665 | 489,023 | 13.9 | 16% |
| 2016 | 28,656,051 | 12,620,420 | 16,035,631 | 45.7 | 12% |
| 2017 | 34,172,568 | 53,603,370 | −19,430,802 | 17.5 | 6% |
| 2018 | −3,055,197 | 41,178,375 | −44,233,572 | 9.9 | 9% |
| 2019 | 38,838,190 | 44,560,195 | −5,722,005 | 8.5 | 9% |
| 2020 | 38,501,606 | 47,937,045 | −9,435,439 | 7.9 | 8% |
| 2021 | 43,904,469 | 49,840,565 | −5,936,096 | 10.4 | 8% |
| 2022 | 49,320,137 | 57,949,705 | −8,629,568 | 11.7 | 6% |
| 2023 | 77,541,860 | 71,907,736 | 5,634,124 | 16.8 | 7% |
In its most recent public year (2023), this organization brought in $5,634,124 more than it spent. Its reserves stood at about 16.8 months of spending, up from 8.2 in 2012. Staff pay was 7% of spending. $99,984,649 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
Horizon Development Properties Inc'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