Hope Learning Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 105,881 | 85,405 | 20,476 | 75.6 | 0% |
| 2021 | 33,013 | 53,063 | −20,050 | 117.1 | 0% |
| 2022 | 37,991 | 38,450 | −459 | 161.5 | 0% |
| 2023 | 68,680 | 94,287 | −25,607 | 62.6 | 0% |
In its most recent public year (2023), this organization spent $25,607 more than it brought in. Its reserves stood at about 62.6 months of spending, down from 75.6 in 2020. 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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