High Socks For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 0 | 5,944 | −5,944 | -12.0 | — |
| 2013 | 353,485 | 141,835 | 211,650 | 17.9 | 9% |
| 2014 | 155,877 | 246,572 | −90,695 | 5.9 | — |
| 2015 | 112,919 | 150,381 | −37,462 | 6.7 | — |
| 2016 | 282,565 | 208,688 | 73,877 | 9.0 | 25% |
| 2017 | 436,476 | 385,367 | 51,109 | 6.5 | 13% |
| 2018 | 467,027 | 490,786 | −23,759 | 4.5 | 10% |
| 2019 | 1,498,916 | 1,081,472 | 417,444 | 6.7 | 0% |
| 2020 | 1,499,136 | 1,613,029 | −113,893 | 3.6 | 0% |
| 2021 | 1,281,523 | 1,043,501 | 238,022 | 8.4 | 0% |
| 2022 | 1,530,543 | 1,201,269 | 329,274 | 10.5 | 0% |
In its most recent public year (2022), this organization brought in $329,274 more than it spent. Its reserves stood at about 10.5 months of spending, up from -12 in 2012. 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 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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