Fostering Hope
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 118,703 | 96,590 | 22,113 | 4.7 | — |
| 2018 | 117,494 | 125,916 | −8,422 | 2.8 | — |
| 2019 | 341,618 | 308,170 | 33,448 | 2.5 | 13% |
| 2020 | 385,956 | 352,151 | 33,805 | 3.3 | 16% |
| 2021 | 438,957 | 283,371 | 155,586 | 10.7 | 15% |
| 2022 | 462,044 | 367,761 | 94,283 | 11.3 | 19% |
| 2023 | 527,972 | 487,939 | 40,033 | 9.5 | 21% |
In its most recent public year (2023), this organization brought in $40,033 more than it spent. Its reserves stood at about 9.5 months of spending, up from 4.7 in 2017. Staff pay was 21% 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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