Advent Hope Ventures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 42,586 | 31,043 | 11,543 | 7.4 | — |
| 2020 | 76,085 | 89,486 | −13,401 | 0.8 | — |
| 2021 | 88,872 | 34,563 | 54,309 | 20.9 | — |
| 2022 | 266,185 | 215,440 | 50,745 | 6.2 | 38% |
| 2023 | 226,145 | 271,842 | −45,697 | 2.9 | 32% |
In its most recent public year (2023), this organization spent $45,697 more than it brought in. Its reserves stood at about 2.9 months of spending, down from 7.4 in 2019. Staff pay was 32% 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
Advent Hope Ventures 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