Hagood Mill Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 361,487 | 236,077 | 125,410 | 8.1 | 28% |
| 2021 | 354,950 | 352,020 | 2,930 | 5.5 | 29% |
| 2022 | 407,650 | 354,687 | 52,963 | 7.3 | 32% |
| 2023 | 359,170 | 342,981 | 16,189 | 8.1 | 33% |
| 2024 | 488,532 | 350,249 | 138,283 | 12.7 | 30% |
In its most recent public year (2024), this organization brought in $138,283 more than it spent. Its reserves stood at about 12.7 months of spending, up from 8.1 in 2020. Staff pay was 30% of spending. $170,705 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 2024. 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
Hagood Mill Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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