everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Hope Network

Grand Rapids, MI / EIN 38-6108186 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201113,561,46312,886,532674,9311.441%
201213,959,36517,041,545−3,082,180-0.630%
201316,324,34717,281,632−957,2852.138%
201416,225,86815,661,912563,9562.361%
201514,569,52817,310,674−2,741,146-0.353%
201613,051,28719,059,849−6,008,562-3.451%
201715,785,99620,175,755−4,389,759-0.549%
201812,908,77022,053,189−9,144,419-0.748%
201913,150,55520,684,752−7,534,197-3.755%
202012,480,50229,445,661−16,965,159-4.337%
202111,996,32619,315,335−7,319,009-11.156%
202211,496,49517,093,615−5,597,120-16.563%
202311,979,48219,101,663−7,122,181-23.257%

In its most recent public year (2023), this organization spent $7,122,181 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-23.2 months), down from 1.4 in 2011. Staff pay was 57% 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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