Hoops For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 294,646 | 306,489 | −11,843 | 0.5 | 6% |
| 2012 | 208,589 | 226,423 | −17,834 | -0.5 | 8% |
| 2013 | 171,815 | 156,725 | 15,090 | 0.4 | 0% |
| 2014 | 141,242 | 162,837 | −21,595 | -1.2 | 0% |
| 2015 | 170,275 | 154,506 | 15,769 | -0.1 | 0% |
| 2016 | 170,610 | 151,261 | 19,349 | 1.5 | 0% |
| 2017 | 156,061 | 148,961 | 7,100 | 2.1 | 0% |
| 2018 | 255,751 | 269,125 | −13,374 | 2.4 | 0% |
| 2019 | 362,655 | 333,752 | 28,903 | 3.0 | 0% |
| 2020 | 157,803 | 196,292 | −38,489 | 2.8 | 0% |
| 2021 | 136,483 | 152,578 | −16,095 | 2.3 | 0% |
| 2022 | 208,266 | 195,835 | 12,431 | 2.5 | 0% |
| 2023 | 206,524 | 217,791 | −11,267 | 1.7 | 13% |
In its most recent public year (2023), this organization spent $11,267 more than it brought in. Its reserves stood at about 1.7 months of spending, up from 0.5 in 2011. Staff pay was 13% of spending.
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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