Home Of Potential And Excellence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,145 | 32,984 | 23,161 | 8.4 | — |
| 2021 | 149,784 | 141,484 | 8,300 | 2.6 | — |
| 2023 | 383,314 | 377,044 | 6,270 | 7.1 | 63% |
| 2024 | 204,482 | 236,497 | −32,015 | 9.7 | 67% |
In its most recent public year (2024), this organization spent $32,015 more than it brought in. Its reserves stood at about 9.7 months of spending, up from 8.4 in 2019. Staff pay was 67% 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 2024. 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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