Friends Of Lamar Hope Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 86,656 | 27,674 | 58,982 | 139.5 | — |
| 2022 | 25,332 | 45,835 | −20,503 | 78.8 | — |
| 2023 | 41,025 | 59,589 | −18,564 | 56.9 | — |
In its most recent public year (2023), this organization spent $18,564 more than it brought in. Its reserves stood at about 56.9 months of spending, down from 139.5 in 2021.
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
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