The Hopequest Ministry Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 923,837 | 908,170 | 15,667 | 5.9 | 33% |
| 2012 | 1,406,470 | 1,386,837 | 19,633 | 4.1 | 43% |
| 2013 | 1,750,398 | 1,503,541 | 246,857 | 5.7 | 57% |
| 2014 | 1,445,265 | 1,626,885 | −181,620 | 3.9 | 64% |
| 2015 | 2,439,155 | 1,827,627 | 611,528 | 7.5 | 59% |
| 2016 | 2,368,542 | 2,534,941 | −166,399 | 4.6 | 59% |
| 2017 | 2,543,687 | 2,535,670 | 8,017 | 4.7 | 60% |
| 2018 | 2,362,315 | 2,863,913 | −501,598 | 2.0 | 58% |
| 2019 | 2,559,369 | 2,527,276 | 32,093 | 2.5 | 63% |
| 2020 | 2,761,739 | 2,515,118 | 246,621 | 3.6 | 63% |
| 2021 | 2,813,506 | 2,599,622 | 213,884 | 4.5 | 62% |
| 2022 | 2,382,602 | 2,673,420 | −290,818 | 5.2 | 62% |
| 2023 | 2,338,361 | 2,565,570 | −227,209 | 4.4 | 66% |
In its most recent public year (2023), this organization spent $227,209 more than it brought in. Its reserves stood at about 4.4 months of spending, down from 5.9 in 2011. Staff pay was 66% of spending. $152,090 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
The Hopequest Ministry Group Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works