Hope For Families And Children Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 569,206 | 477,327 | 91,879 | 129.0 | 0% |
| 2021 | 599,029 | 542,986 | 56,043 | 115.9 | 0% |
| 2022 | 653,243 | 568,044 | 85,199 | 111.1 | 0% |
| 2023 | 618,522 | 594,875 | 23,647 | 107.2 | 0% |
In its most recent public year (2023), this organization brought in $23,647 more than it spent. Its reserves stood at about 107.2 months of spending, down from 129 in 2020. Staff pay was 0% of spending. $30,500 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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