Hope Initiatives Cdc Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,197,433 | 1,239,933 | −42,500 | -0.5 | 25% |
| 2012 | 1,096,051 | 1,067,088 | 28,963 | -0.2 | 25% |
| 2013 | 1,220,960 | 1,120,972 | 99,988 | 0.9 | 25% |
| 2014 | 1,247,707 | 1,160,783 | 86,924 | 1.7 | 26% |
| 2015 | 1,326,724 | 1,271,249 | 55,475 | 2.1 | 26% |
| 2016 | 1,315,791 | 1,313,192 | 2,599 | 2.1 | 34% |
| 2017 | 1,402,305 | 1,312,598 | 89,707 | 2.9 | 31% |
| 2018 | 1,289,277 | 1,224,371 | 64,906 | 3.7 | 31% |
| 2019 | 1,213,476 | 1,160,859 | 52,617 | 4.5 | 31% |
| 2020 | 1,101,445 | 1,118,573 | −17,128 | 4.5 | 36% |
| 2021 | 915,116 | 935,734 | −20,618 | 5.1 | 40% |
| 2022 | 915,722 | 1,110,036 | −194,314 | 2.2 | 36% |
| 2023 | 1,144,472 | 1,099,842 | 44,630 | 2.7 | 38% |
In its most recent public year (2023), this organization brought in $44,630 more than it spent. Its reserves stood at about 2.7 months of spending, up from -0.5 in 2011. Staff pay was 38% of spending. $73,390 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
Hope Initiatives Cdc Incorporated'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