Foundation Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 205,955 | 203,906 | 2,049 | 1.9 | 63% |
| 2012 | 199,671 | 200,597 | −926 | 2.0 | 62% |
| 2013 | 228,364 | 184,585 | 43,779 | 5.1 | 56% |
| 2014 | 279,053 | 175,006 | 104,047 | 12.5 | 62% |
| 2015 | 759,761 | 632,844 | 126,917 | 5.9 | 66% |
| 2016 | 669,633 | 702,332 | −32,699 | 4.7 | 70% |
| 2017 | 1,018,652 | 804,886 | 213,766 | 7.3 | 70% |
| 2018 | 881,575 | 999,059 | −117,484 | 4.5 | 18% |
| 2019 | 1,305,920 | 1,156,176 | 149,744 | 5.4 | 15% |
| 2020 | 1,445,674 | 1,175,157 | 270,517 | 8.1 | 15% |
| 2021 | 1,552,292 | 1,300,238 | 252,054 | 9.6 | 8% |
| 2022 | 1,192,153 | 1,738,533 | −546,380 | 3.4 | 6% |
| 2023 | 1,924,443 | 2,141,820 | −217,377 | 1.6 | 4% |
In its most recent public year (2023), this organization spent $217,377 more than it brought in. Its reserves stood at about 1.6 months of spending. Staff pay was 4% of spending. $192,823 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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