New Hope Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,224,876 | 11,706,063 | 518,813 | 10.8 | 42% |
| 2021 | 12,135,876 | 10,581,014 | 1,554,862 | 14.0 | 46% |
| 2022 | 9,628,597 | 8,814,525 | 814,072 | 17.5 | 57% |
| 2023 | 8,937,350 | 9,690,156 | −752,806 | 15.2 | 53% |
In its most recent public year (2023), this organization spent $752,806 more than it brought in. Its reserves stood at about 15.2 months of spending, up from 10.8 in 2020. Staff pay was 53% of spending. $7,339,500 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works