New Hope Community Development Group
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — | — |
| 2010 | 0 | 0 | 0 | — | — |
| 2011 | 0 | 0 | 0 | — | — |
| 2012 | 0 | 0 | 0 | — | — |
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 15,198 | 0 | 15,198 | — | — |
| 2017 | 15,198 | 0 | 15,198 | — | — |
| 2018 | 862 | 0 | 862 | — | — |
| 2019 | 12,360 | 3,369 | 8,991 | 19.0 | 0% |
| 2022 | 83,278 | 30,936 | 52,342 | 23.9 | — |
| 2023 | 145,109 | 162,768 | −17,659 | 3.3 | — |
In its most recent public year (2023), this organization spent $17,659 more than it brought in. Its reserves stood at about 3.3 months 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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