Beacon Of Hope Foster Care Agency Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 224,578 | 206,083 | 18,495 | 1.0 | 42% |
| 2016 | 1,443,844 | 1,508,649 | −64,805 | 0.4 | 34% |
| 2017 | 1,407,306 | 1,545,459 | −138,153 | -0.7 | 17% |
| 2018 | 1,376,586 | 1,430,964 | −54,378 | -0.1 | 32% |
| 2019 | 1,213,749 | 1,233,633 | −19,884 | -0.4 | 28% |
| 2020 | 976,332 | 851,554 | 124,778 | 1.2 | 3% |
| 2021 | 697,695 | 747,676 | −49,981 | 0.6 | 28% |
| 2022 | 897,237 | 880,523 | 16,714 | -0.5 | 30% |
| 2023 | 778,696 | 765,203 | 13,493 | -0.3 | 35% |
In its most recent public year (2023), this organization brought in $13,493 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 1 in 2015. Staff pay was 35% 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
Beacon Of Hope Foster Care Agency 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