Ribbons Of Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 46,593 | 1,285 | 45,308 | 1345.9 | — |
| 2020 | 58,660 | 546 | 58,114 | 3876.7 | — |
| 2022 | 20,773 | 2,823 | 17,950 | 738.9 | — |
| 2023 | 21,427 | 40,452 | −19,025 | 45.9 | — |
In its most recent public year (2023), this organization spent $19,025 more than it brought in. Its reserves stood at about 45.9 months of spending, down from 1345.9 in 2019.
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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