Hoover Presidential Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 871,037 | 1,121,036 | −249,999 | 125.4 | 41% |
| 2021 | 4,574,597 | 1,249,206 | 3,325,391 | 154.0 | 38% |
| 2022 | 3,490,733 | 1,534,842 | 1,955,891 | 116.6 | 42% |
| 2023 | 3,426,078 | 2,035,140 | 1,390,938 | 101.5 | 34% |
In its most recent public year (2023), this organization brought in $1,390,938 more than it spent. Its reserves stood at about 101.5 months of spending, down from 125.4 in 2020. Staff pay was 34% of spending. $14,688,648 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
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