The Hoff Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 213,832 | 235,946 | −22,114 | 2.0 | 0% |
| 2020 | 370,742 | 252,098 | 118,644 | 7.5 | 24% |
| 2021 | 263,822 | 287,962 | −24,140 | 5.6 | 13% |
| 2022 | 330,505 | 321,057 | 9,448 | 5.4 | 13% |
| 2023 | 301,991 | 393,641 | −91,650 | 1.6 | 11% |
In its most recent public year (2023), this organization spent $91,650 more than it brought in. Its reserves stood at about 1.6 months of spending. Staff pay was 11% 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
The Hoff Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works