New Hope Ii Of Florence Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,678 | 51,435 | −14,757 | -9.1 | — |
| 2012 | 39,805 | 53,599 | −13,794 | -11.9 | — |
| 2013 | 40,251 | 52,232 | −11,981 | -14.9 | — |
| 2014 | 38,911 | 52,515 | −13,604 | -17.9 | — |
| 2015 | 45,525 | 57,150 | −11,625 | -18.9 | — |
| 2016 | 56,386 | 67,925 | −11,539 | -18.0 | — |
| 2017 | 55,688 | 62,534 | −6,846 | -20.8 | — |
| 2018 | 68,673 | 77,711 | −9,038 | -18.2 | — |
| 2019 | 78,907 | 75,493 | 3,414 | -18.1 | — |
| 2020 | 74,298 | 73,936 | 362 | -18.5 | — |
| 2021 | 84,504 | 78,174 | 6,330 | -16.5 | — |
| 2022 | 92,809 | 103,387 | −10,578 | -13.7 | — |
| 2023 | 115,594 | 102,177 | 13,417 | -12.3 | — |
In its most recent public year (2023), this organization brought in $13,417 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-12.3 months), down from -9.1 in 2011.
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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