Hearts And Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 9,072 | 1,749 | 7,323 | 50.2 | — |
| 2015 | 74,307 | 63,675 | 10,632 | 3.4 | — |
| 2016 | 77,972 | 38,232 | 39,740 | 18.1 | — |
| 2017 | 105,147 | 83,239 | 21,908 | 11.5 | — |
| 2018 | 120,710 | 96,709 | 24,001 | 12.9 | — |
| 2019 | 159,922 | 110,353 | 49,569 | 16.7 | — |
| 2020 | 174,443 | 66,313 | 108,130 | 45.4 | 0% |
| 2021 | 161,297 | 82,188 | 79,109 | 48.2 | 0% |
| 2022 | 140,190 | 82,449 | 57,741 | 56.4 | 0% |
| 2023 | 169,468 | 138,502 | 30,966 | 36.3 | 0% |
In its most recent public year (2023), this organization brought in $30,966 more than it spent. Its reserves stood at about 36.3 months of spending, down from 50.2 in 2014. Staff pay was 0% of spending. $252,504 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 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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