Hopeway Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 6,824,278 | 107,124 | 6,717,154 | 752.5 | 0% |
| 2015 | 16,374,627 | 291,053 | 16,083,574 | 939.9 | 16% |
| 2016 | 2,362,480 | 1,990,660 | 371,820 | 139.7 | 53% |
| 2017 | 5,953,119 | 7,436,376 | −1,483,257 | 35.0 | 60% |
| 2018 | 9,204,666 | 9,191,683 | 12,983 | 28.3 | 64% |
| 2019 | 12,091,553 | 10,950,566 | 1,140,987 | 25.0 | 66% |
| 2020 | 10,714,864 | 11,365,374 | −650,510 | 23.4 | 68% |
| 2021 | 14,897,275 | 12,954,211 | 1,943,064 | 22.4 | 68% |
| 2022 | 16,077,222 | 15,248,356 | 828,866 | 19.5 | 68% |
| 2023 | 20,613,011 | 17,188,418 | 3,424,593 | 19.7 | 71% |
In its most recent public year (2023), this organization brought in $3,424,593 more than it spent. Its reserves stood at about 19.7 months of spending, down from 752.5 in 2014. Staff pay was 71% of spending. $210,251 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works