Hopeful Ways Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 15,144 | 14,676 | 468 | 28.5 | 0% |
| 2022 | 24,389 | 14,976 | 9,413 | 35.4 | 0% |
| 2023 | 26,245 | 22,646 | 3,599 | 25.3 | 0% |
| 2024 | 50,505 | 43,803 | 6,702 | 14.9 | 0% |
In its most recent public year (2024), this organization brought in $6,702 more than it spent. Its reserves stood at about 14.9 months of spending, down from 28.5 in 2021. Staff pay was 0% of spending. $42,682 of its net assets are donor-restricted.
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 2024. 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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