Hopenet Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,241 | 197,099 | −3,858 | 4.3 | — |
| 2012 | 312,566 | 242,537 | 70,029 | 7.0 | 58% |
| 2013 | 491,288 | 313,663 | 177,625 | 11.9 | 57% |
| 2014 | 748,979 | 389,310 | 359,669 | 20.6 | 57% |
| 2015 | 1,180,205 | 516,275 | 663,930 | 31.0 | 53% |
| 2016 | 602,036 | 505,112 | 96,924 | 34.0 | 58% |
| 2017 | 654,924 | 582,344 | 72,580 | 31.0 | 61% |
| 2018 | 776,620 | 714,512 | 62,108 | 26.3 | 63% |
| 2019 | 735,357 | 678,486 | 56,871 | 28.7 | 67% |
| 2020 | 675,399 | 675,880 | −481 | 28.8 | 68% |
| 2021 | 856,673 | 775,573 | 81,100 | 26.3 | 66% |
| 2022 | 722,409 | 905,232 | −182,823 | 20.2 | 68% |
| 2023 | 768,000 | 909,456 | −141,456 | 18.2 | 61% |
In its most recent public year (2023), this organization spent $141,456 more than it brought in. Its reserves stood at about 18.2 months of spending, up from 4.3 in 2011. Staff pay was 61% of spending. $35,706 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
Hopenet 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