New Hope Apartments Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,504 | 135,013 | −8,509 | 66.6 | 12% |
| 2012 | 120,031 | 147,583 | −27,552 | 58.7 | 16% |
| 2013 | 119,467 | 152,357 | −32,890 | 54.3 | 18% |
| 2014 | 119,594 | 148,994 | −29,400 | 53.1 | 21% |
| 2015 | 120,146 | 152,220 | −32,074 | 49.5 | 22% |
| 2016 | 120,528 | 153,740 | −33,212 | 46.4 | 21% |
| 2017 | 120,459 | 152,993 | −32,534 | 44.1 | 21% |
| 2018 | 133,136 | 165,192 | −32,056 | 38.5 | 21% |
| 2019 | 130,038 | 161,308 | −31,270 | 37.1 | 21% |
| 2020 | 135,910 | 163,230 | −27,320 | 34.7 | 21% |
| 2021 | 133,397 | 163,714 | −30,317 | 32.3 | 21% |
| 2022 | 134,981 | 165,380 | −30,399 | 29.8 | 16% |
| 2023 | 137,283 | 157,156 | −19,873 | 29.8 | 18% |
| 2024 | 147,022 | 212,835 | −65,813 | 18.3 | 22% |
In its most recent public year (2024), this organization spent $65,813 more than it brought in. Its reserves stood at about 18.3 months of spending, down from 66.6 in 2011. Staff pay was 22% of spending. $1,006,200 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 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
New Hope Apartments Inc's IRS filings as a feed — one entry per filing year, through 2024. 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