Hope Meadows
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 335,200 | 437,037 | −101,837 | 39.8 | 22% |
| 2020 | 322,611 | 414,488 | −91,877 | 39.2 | 25% |
| 2021 | 339,069 | 384,261 | −45,192 | 41.2 | 24% |
| 2022 | 302,458 | 377,321 | −74,863 | 39.2 | 25% |
| 2023 | 325,268 | 361,488 | −36,220 | 39.9 | 26% |
In its most recent public year (2023), this organization spent $36,220 more than it brought in. Its reserves stood at about 39.9 months of spending. Staff pay was 26% 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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