Step By Step Ministry Hope Project Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 27,581 | 31,293 | −3,712 | 0.0 | — |
| 2013 | 83,657 | 70,278 | 13,379 | 1.2 | — |
| 2014 | 55,021 | 54,252 | 769 | 0.6 | — |
| 2015 | 51,493 | 58,101 | −6,608 | 2.2 | — |
| 2016 | 125,654 | 117,388 | 8,266 | 1.7 | — |
| 2017 | 117,953 | 103,381 | 14,572 | 3.6 | — |
| 2018 | 117,525 | 107,293 | 10,232 | 4.7 | — |
| 2019 | 134,201 | 140,835 | −6,634 | 6.7 | — |
| 2020 | 207,501 | 179,023 | 28,478 | 7.2 | 7% |
| 2021 | 247,012 | 231,207 | 15,805 | 7.9 | 26% |
| 2022 | 427,921 | 407,727 | 20,194 | 9.8 | 27% |
In its most recent public year (2022), this organization brought in $20,194 more than it spent. Its reserves stood at about 9.8 months of spending, up from 0 in 2012. Staff pay was 27% 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 2022. 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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