Hope Floats Long Island
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 8,572 | 8,107 | 465 | 0.7 | — |
| 2016 | 7,239 | 5,698 | 1,541 | 4.2 | — |
| 2017 | 38,142 | 34,001 | 4,141 | 1.0 | — |
| 2018 | 1,533 | 3,560 | −2,027 | 4.5 | — |
| 2019 | 1,714 | 2,432 | −718 | 2.2 | — |
| 2020 | 1,036 | 1,302 | −266 | 1.6 | — |
| 2022 | 43,297 | 26,796 | 16,501 | 7.4 | — |
In its most recent public year (2022), this organization brought in $16,501 more than it spent. Its reserves stood at about 7.4 months of spending, up from 0.7 in 2015.
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 2022. 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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