Civic Intelligence

Hormel Foods Corporation Charitable Trust

EIN 01-0761416 • Austin, MN

1 Hormel PlaceAustin, MN 55912
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2024

Liabilities / Revenue

66th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

<$500k nonprofits • Source year 2024

Net Margin

7th percentile

-323%

Higher net margin than 7% of similar nonprofits.

<$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

<$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-90%

Faster asset growth than 14% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

9th percentile

-83%

Faster revenue growth than 9% of similar nonprofits.

<$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$129,611

Down $1,147,029 (-90%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$129,611

Down $1,147,029 (-90%) from 2023

Operations
Liabilities / Revenue66th percentileNet Margin7th percentile

Revenue

Down

$355,772

Down $1,730,654 (-83%) from 2023

Expenses

Down

$1,505,301

Down $905,934 (-38%) from 2023

Net Income

Down

-$1,149,529

Down $824,720 (-254%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,557,776Liabilities 2011: $02011Assets 2012: $1,603,492Liabilities 2012: $02012Assets 2013: $1,230,994Liabilities 2013: $02013Assets 2014: $665,288Liabilities 2014: $02014Assets 2015: $482,438Liabilities 2015: $02015Assets 2019: $518,327Liabilities 2019: $02019Assets 2020: $179,949Liabilities 2020: $0Net Assets 2020: $179,9492020Assets 2021: $572,990Liabilities 2021: $512,769Net Assets 2021: $60,2212021Assets 2022: $1,586,449Liabilities 2022: $0Net Assets 2022: $1,586,4492022Assets 2023: $1,276,640Liabilities 2023: $0Net Assets 2023: $1,276,6402023Assets 2024: $129,611Liabilities 2024: $0Net Assets 2024: $129,6112024

Highlighted filing

2024

Assets$129,611
Liabilities$0
Net Assets$129,611
Open 2024 Filing

Operations Trend

Revenue Growth9th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2011: $1,500,000Expenses 2011: $1,103,972Net Income 2011: $396,0282011Revenue 2012: $1,500,000Expenses 2012: $1,454,284Net Income 2012: $45,7162012Revenue 2013: $1,000,000Expenses 2013: $1,372,498Net Income 2013: -$372,4982013Revenue 2014: $1,000,000Expenses 2014: $1,565,706Net Income 2014: -$565,7062014Revenue 2015: $1,500,000Expenses 2015: $1,682,850Net Income 2015: -$182,8502015Revenue 2019: $1,500,000Expenses 2019: $1,393,432Net Income 2019: $106,5682019Revenue 2020: $1,500,000Expenses 2020: $1,838,378Net Income 2020: -$338,3782020Revenue 2021: $1,750,000Expenses 2021: $1,869,728Net Income 2021: -$119,7282021Revenue 2022: $3,835,175Expenses 2022: $2,308,947Net Income 2022: $1,526,2282022Revenue 2023: $2,086,426Expenses 2023: $2,411,235Net Income 2023: -$324,8092023Revenue 2024: $355,772Expenses 2024: $1,505,301Net Income 2024: -$1,149,5292024

Highlighted filing

2024

Revenue$355,772
Expenses$1,505,301
Net Income-$1,149,529
Open 2024 Filing

Filings

Most recent year

2024 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$129,611
Liabilities
$0
Net assets
$129,611
Revenue
$355,772
Expenses
$1,505,301
Net income
-$1,149,529
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.36$1.51$1.15
2023Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$2.09$2.41$0.32
2022Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$3.84$2.31$1.53
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.51$0.06$1.75$1.87$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$1.50$1.84$0.34
2019Summary only. Only limited summary data is available for this year.$0.52$0.00$1.50$1.39$0.11
2015Summary only. Only limited summary data is available for this year.$0.48$0.00$1.50$1.68$0.18
2014Summary only. Only limited summary data is available for this year.$0.67$0.00$1.00$1.57$0.57
2013Summary only. Only limited summary data is available for this year.$1.23$0.00$1.00$1.37$0.37
2012Summary only. Only limited summary data is available for this year.$1.60$0.00$1.50$1.45$0.05
2011Summary only. Only limited summary data is available for this year.$1.56$0.00$1.50$1.10$0.40
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. <$500k nonprofits