Hope For Lagonave Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 198,570 | 313,135 | −114,565 | 11.7 | 39% |
| 2021 | 213,042 | 242,194 | −29,152 | 13.7 | 34% |
| 2022 | 254,518 | 242,606 | 11,912 | 14.3 | 29% |
| 2023 | 248,417 | 333,201 | −84,784 | 7.3 | 36% |
In its most recent public year (2023), this organization spent $84,784 more than it brought in. Its reserves stood at about 7.3 months of spending, down from 11.7 in 2020. Staff pay was 36% of spending. $75,733 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works