Hope Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 163,018 | 172,531 | −9,513 | 6.2 | 73% |
| 2022 | 192,046 | 160,442 | 31,604 | 9.5 | 72% |
| 2023 | 192,322 | 176,025 | 16,297 | 9.8 | 75% |
| 2024 | 193,644 | 186,680 | 6,964 | 9.7 | 75% |
In its most recent public year (2024), this organization brought in $6,964 more than it spent. Its reserves stood at about 9.7 months of spending, up from 6.2 in 2021. Staff pay was 75% 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 2024. 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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