Hopewill Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 157,141 | 137,607 | 19,534 | 2.0 | — |
| 2014 | 271,146 | 225,000 | 46,146 | 3.7 | 0% |
| 2015 | 382,689 | 375,000 | 7,689 | 2.5 | 0% |
| 2016 | 407,564 | 400,000 | 7,564 | 2.5 | 0% |
| 2017 | 335,878 | 350,000 | −14,122 | 2.3 | 0% |
| 2018 | 393,469 | 395,128 | −1,659 | 1.9 | 11% |
| 2019 | 214,978 | 210,000 | 4,978 | 2.5 | 0% |
| 2020 | 274,741 | 115,398 | 159,343 | 20.6 | 0% |
| 2021 | 248,578 | 372,500 | −123,922 | 2.4 | 0% |
| 2022 | 544,253 | 475,000 | 69,253 | 3.6 | 0% |
| 2023 | 804,608 | 505,000 | 299,608 | 10.4 | 0% |
In its most recent public year (2023), this organization brought in $299,608 more than it spent. Its reserves stood at about 10.4 months of spending, up from 2 in 2013. Staff pay was 0% 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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