Hopeworks Of Howard County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,771,247 | 1,694,178 | 77,069 | 2.5 | 57% |
| 2012 | 1,762,604 | 1,685,916 | 76,688 | 3.1 | 58% |
| 2013 | 1,828,105 | 1,921,687 | −93,582 | 2.1 | 66% |
| 2014 | 2,238,678 | 2,058,586 | 180,092 | 3.0 | 65% |
| 2015 | 1,847,481 | 1,801,676 | 45,805 | 3.7 | 63% |
| 2016 | 2,196,114 | 1,854,839 | 341,275 | 5.8 | 63% |
| 2017 | 2,050,403 | 2,071,728 | −21,325 | 5.0 | 68% |
| 2018 | 2,303,405 | 2,241,864 | 61,541 | 5.0 | 67% |
| 2019 | 2,505,354 | 2,405,289 | 100,065 | 5.1 | 60% |
| 2020 | 2,742,172 | 2,702,264 | 39,908 | 4.8 | 66% |
| 2021 | 2,570,933 | 2,601,168 | −30,235 | 8.6 | 62% |
| 2022 | 2,450,470 | 2,438,720 | 11,750 | 8.5 | 55% |
| 2023 | 2,704,723 | 3,138,434 | −433,711 | 5.2 | 52% |
In its most recent public year (2023), this organization spent $433,711 more than it brought in. Its reserves stood at about 5.2 months of spending, up from 2.5 in 2011. Staff pay was 52% of spending. $487,196 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
Hopeworks Of Howard County 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