Hillsboro Community Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 635,315 | 164,208 | 471,107 | 105.3 | 0% |
| 2018 | 847,328 | 518,770 | 328,558 | 43.0 | 0% |
| 2019 | 704,649 | 239,339 | 465,310 | 116.6 | 0% |
| 2020 | 1,659,588 | 488,899 | 1,170,689 | 85.8 | 0% |
| 2021 | 1,677,074 | 410,240 | 1,266,834 | 139.3 | 0% |
| 2022 | 1,018,338 | 583,757 | 434,581 | 101.3 | 5% |
| 2023 | 982,698 | 486,859 | 495,839 | 139.2 | 13% |
In its most recent public year (2023), this organization brought in $495,839 more than it spent. Its reserves stood at about 139.2 months of spending, up from 105.3 in 2017. Staff pay was 13% of spending. $5,327,889 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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