Present Hope Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 121,421 | 112,189 | 9,232 | 1.0 | — |
| 2017 | 173,831 | 173,831 | 0 | 0.6 | — |
| 2018 | 183,962 | 167,767 | 16,195 | 2.0 | — |
| 2019 | 284,267 | 148,884 | 135,383 | 13.2 | 20% |
| 2020 | 248,241 | 204,535 | 43,706 | 12.1 | 12% |
| 2021 | 267,705 | 214,868 | 52,837 | 14.0 | 8% |
| 2022 | 262,991 | 245,035 | 17,956 | 13.1 | 10% |
| 2023 | 279,743 | 261,053 | 18,690 | 13.7 | 10% |
In its most recent public year (2023), this organization brought in $18,690 more than it spent. Its reserves stood at about 13.7 months of spending, up from 1 in 2016. Staff pay was 10% of spending. $47,451 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
Present Hope Ministry 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