Lynn Hope Industries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 110,421 | 81,958 | 28,463 | 8.1 | — |
| 2012 | 157,004 | 124,572 | 32,432 | 8.5 | — |
| 2013 | 127,662 | 127,597 | 65 | 8.3 | — |
| 2014 | 221,882 | 154,331 | 67,551 | 12.1 | 68% |
| 2015 | 369,812 | 195,363 | 174,449 | 20.3 | 70% |
| 2016 | 362,619 | 232,268 | 130,351 | 23.8 | 71% |
| 2017 | 321,303 | 301,632 | 19,671 | 19.1 | 75% |
| 2018 | 566,944 | 491,904 | 75,040 | 13.5 | 74% |
| 2019 | 551,883 | 565,530 | −13,647 | 11.5 | 72% |
| 2020 | 432,102 | 416,716 | 15,386 | 16.0 | 66% |
| 2021 | 432,918 | 449,502 | −16,584 | 14.4 | 69% |
| 2022 | 288,418 | 414,567 | −126,149 | 12.0 | 74% |
| 2023 | 144,808 | 308,036 | −163,228 | 9.8 | 72% |
In its most recent public year (2023), this organization spent $163,228 more than it brought in. Its reserves stood at about 9.8 months of spending, up from 8.1 in 2011. Staff pay was 72% 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
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