Heralds Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 859,896 | 741,104 | 118,792 | 17.7 | 16% |
| 2012 | 1,071,960 | 864,134 | 207,826 | 18.1 | 13% |
| 2013 | 809,571 | 972,710 | −163,139 | 13.9 | 6% |
| 2014 | 1,084,515 | 1,021,359 | 63,156 | 13.5 | 5% |
| 2015 | 1,001,396 | 1,062,257 | −60,861 | 11.8 | 9% |
| 2016 | 842,611 | 1,089,043 | −246,432 | 8.8 | 12% |
| 2017 | 997,387 | 1,144,962 | −147,575 | 6.8 | 12% |
| 2018 | 973,170 | 1,060,030 | −86,860 | 5.5 | 15% |
| 2019 | 1,419,407 | 1,118,480 | 300,927 | 8.5 | 16% |
| 2020 | 2,156,967 | 1,284,707 | 872,260 | 15.6 | 18% |
| 2021 | 2,027,863 | 1,529,192 | 498,671 | 16.7 | 19% |
| 2022 | 2,005,767 | 1,866,172 | 139,595 | 14.5 | 17% |
| 2023 | 2,196,799 | 1,928,697 | 268,102 | 15.6 | 20% |
In its most recent public year (2023), this organization brought in $268,102 more than it spent. Its reserves stood at about 15.6 months of spending, down from 17.7 in 2011. Staff pay was 20% of spending. $467,211 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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