The Hope Effect
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 44,100 | 0 | 44,100 | — | — |
| 2015 | 86,021 | 56,505 | 29,516 | 15.6 | — |
| 2016 | 223,047 | 103,229 | 119,818 | 22.5 | 0% |
| 2017 | 116,567 | 55,612 | 60,955 | 54.9 | 0% |
| 2018 | 268,964 | 138,401 | 130,563 | 33.4 | 31% |
| 2019 | 283,653 | 290,189 | −6,536 | 15.9 | 15% |
| 2020 | 330,549 | 361,905 | −31,356 | 11.7 | 33% |
| 2021 | 409,573 | 449,721 | −40,148 | 8.4 | 29% |
| 2022 | 540,955 | 530,919 | 10,036 | 7.3 | 29% |
| 2023 | 728,961 | 770,765 | −41,804 | 4.4 | 24% |
In its most recent public year (2023), this organization spent $41,804 more than it brought in. Its reserves stood at about 4.4 months of spending. Staff pay was 24% of spending. $57,196 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 Hope Effect'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