Hope 7 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 173,957 | 176,957 | −3,000 | 0.1 | — |
| 2020 | 262,781 | 250,505 | 12,276 | 0.6 | 81% |
| 2021 | 216,711 | 202,685 | 14,026 | 1.6 | 84% |
| 2023 | 86,429 | 260,150 | −173,721 | -9.0 | 35% |
In its most recent public year (2023), this organization spent $173,721 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9 months), down from 0.1 in 2019. Staff pay was 35% of spending.
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
Hope 7 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