Beacon Of Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 0 | 0 | — | — |
| 2013 | 18,210 | 19,663 | −1,453 | 0.0 | — |
| 2014 | 22,296 | 17,848 | 4,448 | 3.0 | — |
| 2015 | 24,348 | 16,553 | 7,795 | 5.7 | — |
| 2016 | 46,694 | 44,748 | 1,946 | 2.6 | — |
| 2017 | 58,390 | 61,822 | −3,432 | 1.2 | — |
| 2018 | 54,828 | 48,541 | 6,287 | 1.1 | — |
| 2019 | 104,709 | 77,581 | 27,128 | 2.3 | — |
| 2020 | 163,532 | 137,944 | 25,588 | 3.7 | — |
| 2021 | 307,812 | 305,632 | 2,180 | 1.0 | 0% |
| 2022 | 591,125 | 540,611 | 50,514 | 1.7 | 7% |
| 2023 | 286,708 | 431,306 | −144,598 | -1.9 | 15% |
In its most recent public year (2023), this organization spent $144,598 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months). Staff pay was 15% 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
Beacon Of Hope Inc'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