Hernando County Association Of Realtors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 737,484 | 643,408 | 94,076 | 12.2 | 36% |
| 2017 | 716,987 | 639,575 | 77,412 | 13.8 | 39% |
| 2018 | 752,203 | 648,325 | 103,878 | 15.5 | 44% |
| 2019 | 871,319 | 542,803 | 328,516 | 25.8 | 35% |
| 2020 | 771,898 | 591,801 | 180,097 | 27.3 | 45% |
| 2021 | 902,514 | 606,333 | 296,181 | 32.5 | 52% |
| 2022 | 941,660 | 681,173 | 260,487 | 33.5 | 47% |
| 2023 | 854,046 | 723,944 | 130,102 | 33.6 | 45% |
In its most recent public year (2023), this organization brought in $130,102 more than it spent. Its reserves stood at about 33.6 months of spending, up from 12.2 in 2016. Staff pay was 45% 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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