Hope Network Services Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,479,350 | 1,525,054 | −45,704 | -1.0 | 57% |
| 2021 | 1,648,001 | 1,493,578 | 154,423 | 0.2 | 57% |
| 2022 | 1,880,979 | 1,490,327 | 390,652 | 3.4 | 57% |
| 2023 | 1,830,581 | 1,668,873 | 161,708 | 4.2 | 59% |
In its most recent public year (2023), this organization brought in $161,708 more than it spent. Its reserves stood at about 4.2 months of spending, up from -1 in 2020. Staff pay was 59% 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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