New Hope Educational Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 2,200,521 | 2,097,701 | 102,820 | 4.8 | 56% |
| 2013 | 2,112,107 | 2,003,279 | 108,828 | 5.7 | 58% |
| 2014 | 2,153,332 | 1,998,954 | 154,378 | 6.6 | 57% |
| 2015 | 1,856,736 | 1,763,973 | 92,763 | 8.1 | 59% |
| 2016 | 1,698,101 | 1,664,640 | 33,461 | 8.8 | 58% |
| 2017 | 1,821,764 | 1,846,788 | −25,024 | 7.8 | 55% |
| 2018 | 1,842,749 | 1,906,365 | −63,616 | 7.2 | 56% |
| 2019 | 2,290,824 | 1,979,879 | 310,945 | 8.8 | 0% |
| 2020 | 2,074,431 | 2,047,312 | 27,119 | 6.6 | 59% |
| 2021 | 1,784,199 | 1,695,158 | 89,041 | 7.8 | 62% |
| 2022 | 2,569,853 | 2,353,147 | 216,706 | 6.2 | 55% |
| 2023 | 2,423,790 | 2,372,622 | 51,168 | 5.8 | 61% |
In its most recent public year (2023), this organization brought in $51,168 more than it spent. Its reserves stood at about 5.8 months of spending. Staff pay was 61% 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
New Hope Educational Institute 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