Civic Intelligence

The Hormel Foundation

990 • Fiscal year 2019 • EIN 41-0694716

Dec 01, 2018 to Nov 30, 2019

Organization Profilewww.thehormelfoundation.com
Austin, MN
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

7th percentile

0.02x

Higher debt load relative to assets than 7% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.41x

Higher debt load relative to revenue than 28% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Net Margin

96th percentile

73%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

27th percentile

2.5%

Faster asset growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2018 to 2019

Revenue Growth

99th percentile

203%

Faster revenue growth than 99% of similar nonprofits.

2019 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets7th percentile

Assets

Up

$1,367,471,084

Up $32,862,428 (+2.5%) from 2018

Net Assets

Up

$1,336,167,923

Up $54,068,603 (+4.2%) from 2018

Liabilities

Down

$31,303,161

Down $21,206,175 (-40%) from 2018

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin96th percentile

Revenue

Up

$76,811,912

Up $51,441,222 (+203%) from 2018

Expenses

Down

$21,094,632

Down $5,373,313 (-20%) from 2018

Net Income

Up

$55,717,280

Up $56,814,535 (+5178%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth27th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0B$1.5B$1.0B$500M$0Assets 2011: $442,369,518Liabilities 2011: $21,858,730Net Assets 2011: $420,510,7882011Assets 2012: $499,633,921Liabilities 2012: $15,864,696Net Assets 2012: $483,769,2252012Assets 2013: $703,706,545Liabilities 2013: $37,586,311Net Assets 2013: $666,120,2342013Assets 2014: $820,324,598Liabilities 2014: $47,137,885Net Assets 2014: $773,186,7132014Assets 2015: $1,112,791,126Liabilities 2015: $34,386,391Net Assets 2015: $1,078,404,7352015Assets 2016: $1,017,274,067Liabilities 2016: $46,255,651Net Assets 2016: $971,018,4162016Assets 2017: $1,089,311,204Liabilities 2017: $45,917,289Net Assets 2017: $1,043,393,9152017Assets 2018: $1,334,608,656Liabilities 2018: $52,509,336Net Assets 2018: $1,282,099,3202018Assets 2019: $1,367,471,084Liabilities 2019: $31,303,161Net Assets 2019: $1,336,167,9232019Assets 2020: $1,460,095,517Liabilities 2020: $28,386,051Net Assets 2020: $1,431,709,4662020Assets 2021: $1,383,157,373Liabilities 2021: $39,068,673Net Assets 2021: $1,344,088,7002021Assets 2022: $1,540,722,314Liabilities 2022: $37,475,201Net Assets 2022: $1,503,247,1132022Assets 2023: $1,069,654,211Liabilities 2023: $40,238,295Net Assets 2023: $1,029,415,9162023Assets 2024: $1,163,741,723Liabilities 2024: $46,378,300Net Assets 2024: $1,117,363,4232024

Highlighted filing

2019

Assets$1,367,471,084
Liabilities$31,303,161
Net Assets$1,336,167,923
Open 2019 Filing

Operations Trend

Revenue Growth99th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MRevenue 2011: $9,606,923Expenses 2011: $10,506,578Net Income 2011: -$899,6552011Revenue 2012: $57,871,541Expenses 2012: $9,514,313Net Income 2012: $48,357,2282012Revenue 2013: $13,187,207Expenses 2013: $32,679,356Net Income 2013: -$19,492,1492013Revenue 2014: $18,816,823Expenses 2014: $25,109,482Net Income 2014: -$6,292,6592014Revenue 2015: $44,596,803Expenses 2015: $19,573,247Net Income 2015: $25,023,5562015Revenue 2016: $21,715,069Expenses 2016: $39,489,938Net Income 2016: -$17,774,8692016Revenue 2017: $27,304,605Expenses 2017: $16,753,321Net Income 2017: $10,551,2842017Revenue 2018: $25,370,690Expenses 2018: $26,467,945Net Income 2018: -$1,097,2552018Revenue 2019: $76,811,912Expenses 2019: $21,094,632Net Income 2019: $55,717,2802019Revenue 2020: $29,596,789Expenses 2020: $18,582,274Net Income 2020: $11,014,5152020Revenue 2021: $93,848,142Expenses 2021: $32,074,053Net Income 2021: $61,774,0892021Revenue 2022: $34,366,937Expenses 2022: $28,627,138Net Income 2022: $5,739,7992022Revenue 2023: $37,415,875Expenses 2023: $29,418,311Net Income 2023: $7,997,5642023Revenue 2024: $40,768,849Expenses 2024: $33,637,788Net Income 2024: $7,131,0612024

Highlighted filing

2019

Revenue$76,811,912
Expenses$21,094,632
Net Income$55,717,280
Open 2019 Filing
Filing Detail Status

This 2019 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2025)
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Filing Snapshot
Filing Period
Dec 1, 2018 to Nov 30, 2019
Mission and Program Overview

Mission

Is operated for the benefit of, and to assist in performing the functions and in carrying out the purpose of the Qualified Organizations.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$1,367,471,084
Liabilities
$31,303,161
Net assets
$1,336,167,923
Revenue
$76,811,912
Expenses
$21,094,632
Net income
$55,717,280
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,164$46.4$1,117$40.8$33.6$7.13
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,070$40.2$1,029$37.4$29.4$8.00
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,541$37.5$1,503$34.4$28.6$5.74
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,383$39.1$1,344$93.8$32.1$61.8
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1,460$28.4$1,432$29.6$18.6$11.0
2019Summary only. Only limited summary data is available for this year.$1,367$31.3$1,336$76.8$21.1$55.7
2018Summary only. Only limited summary data is available for this year.$1,335$52.5$1,282$25.4$26.5$1.10
2017Summary only. Only limited summary data is available for this year.$1,089$45.9$1,043$27.3$16.8$10.6
2016Summary only. Only limited summary data is available for this year.$1,017$46.3$971$21.7$39.5$17.8
2015Summary only. Only limited summary data is available for this year.$1,113$34.4$1,078$44.6$19.6$25.0
2014Summary only. Only limited summary data is available for this year.$820$47.1$773$18.8$25.1$6.29
2013Summary only. Only limited summary data is available for this year.$704$37.6$666$13.2$32.7$19.5
2012Summary only. Only limited summary data is available for this year.$500$15.9$484$57.9$9.51$48.4
2011Summary only. Only limited summary data is available for this year.$442$21.9$421$9.61$10.5$0.90