Friends Of Hopelands And Rye Patch Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,209 | 28,186 | 10,023 | 497.6 | 0% |
| 2021 | 130,828 | 46,014 | 84,814 | 363.0 | 0% |
| 2022 | 69,443 | 45,118 | 24,325 | 342.3 | 0% |
| 2023 | 119,511 | 118,983 | 528 | 140.5 | 0% |
In its most recent public year (2023), this organization brought in $528 more than it spent. Its reserves stood at about 140.5 months of spending, down from 497.6 in 2020. Staff pay was 0% of spending. $458,032 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
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