Solutions In Hometown Connections Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 147,885 | 66,106 | 81,779 | 16.9 | 11% |
| 2020 | 149,788 | 147,104 | 2,684 | 7.8 | 32% |
| 2021 | 200,308 | 170,847 | 29,461 | 8.8 | 64% |
| 2022 | 456,086 | 469,114 | −13,028 | 2.9 | 47% |
| 2023 | 712,868 | 533,144 | 179,724 | 6.6 | 67% |
In its most recent public year (2023), this organization brought in $179,724 more than it spent. Its reserves stood at about 6.6 months of spending, down from 16.9 in 2019. Staff pay was 67% of spending. $13,795 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
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