Hope Ignites Northeastern Ohio
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 2,968,071 | 2,358,371 | 609,700 | 71.5 | 33% |
| 2022 | 2,217,709 | 2,673,295 | −455,586 | 55.4 | 28% |
| 2023 | 3,264,393 | 3,118,716 | 145,677 | 50.2 | 36% |
In its most recent public year (2023), this organization brought in $145,677 more than it spent. Its reserves stood at about 50.2 months of spending, down from 71.5 in 2021. Staff pay was 36% of spending. $2,808,448 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 Ignites Northeastern Ohio'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