Foundation For Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,472 | 91,551 | −2,079 | 2.9 | — |
| 2012 | 92,129 | 24,314 | 67,815 | 44.3 | — |
| 2013 | 71,944 | 124,367 | −52,423 | 3.6 | — |
| 2014 | 68,251 | 22,564 | 45,687 | 44.8 | — |
| 2015 | 67,841 | 66,672 | 1,169 | 15.6 | — |
| 2016 | 67,480 | 43,919 | 23,561 | 30.5 | — |
| 2017 | 67,804 | 49,393 | 18,411 | 31.0 | — |
| 2018 | 62,730 | 73,484 | −10,754 | 18.7 | — |
| 2019 | 75,205 | 178,053 | −102,848 | 0.8 | — |
| 2020 | 53,987 | 14,176 | 39,811 | 43.8 | — |
| 2021 | 71,128 | 19,491 | 51,637 | 63.7 | — |
| 2022 | 24,515 | 114,470 | −89,955 | 1.4 | — |
In its most recent public year (2022), this organization spent $89,955 more than it brought in. Its reserves stood at about 1.4 months of spending, down from 2.9 in 2011.
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 2022. 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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