Hope Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 67,066 | 13,574 | 53,492 | 55.5 | — |
| 2017 | 57,631 | 24,064 | 33,567 | 41.2 | — |
| 2018 | 88,488 | 57,695 | 30,793 | 23.6 | — |
| 2019 | 136,019 | 195,484 | −59,465 | 3.3 | — |
| 2020 | 90,573 | 105,100 | −14,527 | 4.5 | — |
| 2021 | 285,802 | 138,558 | 147,244 | 16.6 | 33% |
| 2022 | 147,352 | 141,716 | 5,636 | 16.7 | 0% |
| 2023 | 87,128 | 202,318 | −115,190 | 4.8 | 0% |
In its most recent public year (2023), this organization spent $115,190 more than it brought in. Its reserves stood at about 4.8 months of spending, down from 55.5 in 2015. Staff pay was 0% of spending. $66,844 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
Hope Initiative'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