H O P E Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | −765,546 | 38,150 | −803,696 | 635.5 | 0% |
| 2021 | 435,116 | 202,133 | 232,983 | 141.0 | 38% |
| 2022 | −10,039 | 209,264 | −219,303 | 125.6 | 38% |
| 2023 | 254,743 | 214,241 | 40,502 | 125.4 | 41% |
In its most recent public year (2023), this organization brought in $40,502 more than it spent. Its reserves stood at about 125.4 months of spending, down from 635.5 in 2020. Staff pay was 41% of spending. $570,115 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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