Mt Hope Nazarene Retirement Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,042,357 | 4,120,558 | −78,201 | -0.1 | 46% |
| 2012 | 4,299,563 | 4,348,284 | −48,721 | -0.2 | 42% |
| 2013 | 4,155,937 | 4,278,269 | −122,332 | -0.6 | 43% |
| 2014 | 4,375,107 | 4,326,342 | 48,765 | -0.4 | 43% |
| 2015 | 4,789,235 | 4,501,070 | 288,165 | 0.4 | 43% |
| 2016 | 4,668,327 | 4,747,398 | −79,071 | 0.1 | 41% |
| 2017 | 4,519,365 | 4,778,815 | −259,450 | -0.5 | 40% |
| 2018 | 4,927,997 | 4,775,522 | 152,475 | -0.1 | 41% |
| 2019 | 5,398,902 | 4,966,599 | 432,303 | 0.9 | 44% |
| 2020 | 5,688,125 | 5,131,098 | 557,027 | 2.2 | 42% |
| 2021 | 5,558,701 | 5,455,595 | 103,106 | 2.3 | 39% |
| 2022 | 5,789,471 | 5,551,053 | 238,418 | 2.8 | 40% |
| 2023 | 6,241,664 | 6,002,961 | 238,703 | 3.1 | 35% |
In its most recent public year (2023), this organization brought in $238,703 more than it spent. Its reserves stood at about 3.1 months of spending, up from -0.1 in 2011. Staff pay was 35% of spending. $163,175 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
Mt Hope Nazarene Retirement Community's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works