New Foundation Of Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 340,940 | 320,992 | 19,948 | 0.4 | 28% |
| 2012 | 295,833 | 293,800 | 2,033 | 0.3 | 39% |
| 2013 | 452,505 | 454,953 | −2,448 | 0.1 | 6% |
| 2014 | 370,409 | 350,635 | 19,774 | 0.9 | 16% |
| 2015 | 400,046 | 421,968 | −21,922 | 0.1 | 3% |
| 2018 | 371,136 | 372,990 | −1,854 | 0.0 | 2% |
| 2019 | 515,555 | 518,467 | −2,912 | 0.0 | 20% |
| 2022 | 790,926 | 778,764 | 12,162 | 0.3 | 15% |
| 2023 | 749,289 | 750,988 | −1,699 | 0.3 | 13% |
In its most recent public year (2023), this organization spent $1,699 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 13% 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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