New Hope Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,334,833 | 1,072,278 | 262,555 | 5.1 | 6% |
| 2014 | 1,247,233 | 1,476,509 | −229,276 | 1.8 | 4% |
| 2015 | 1,225,307 | 1,289,151 | −63,844 | 1.5 | 5% |
| 2016 | 1,450,819 | 1,335,241 | 115,578 | 0.7 | 4% |
| 2017 | 1,365,787 | 1,647,510 | −281,723 | -1.5 | 4% |
| 2018 | 1,287,053 | 1,315,611 | −28,558 | -2.2 | 7% |
| 2019 | 1,266,472 | 1,088,057 | 178,415 | -0.7 | 7% |
| 2020 | 1,542,145 | 1,061,742 | 480,403 | 4.7 | 8% |
| 2021 | 1,070,573 | 911,060 | 159,513 | 7.6 | 10% |
| 2022 | 1,106,496 | 1,175,325 | −68,829 | 5.2 | 9% |
| 2023 | 1,224,993 | 1,591,289 | −366,296 | 1.1 | 7% |
In its most recent public year (2023), this organization spent $366,296 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 5.1 in 2013. Staff pay was 7% 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
New Hope Initiative 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