New Hope Telephone Cooperative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,667,688 | 10,667,688 | 0 | 22.2 | 3% |
| 2012 | 11,548,320 | 11,548,320 | 0 | 21.1 | 3% |
| 2013 | 11,157,396 | 9,965,940 | 1,191,456 | 24.9 | 3% |
| 2014 | 11,977,255 | 10,008,783 | 1,968,472 | 27.1 | 3% |
| 2015 | 12,223,544 | 10,497,506 | 1,726,038 | 27.4 | 3% |
| 2016 | 12,048,656 | 10,648,155 | 1,400,501 | 28.2 | 4% |
| 2017 | 11,904,169 | 10,936,211 | 967,958 | 28.0 | 4% |
| 2018 | 12,866,517 | 11,754,528 | 1,111,989 | 26.9 | 4% |
| 2019 | 13,674,476 | 11,644,843 | 2,029,633 | 28.9 | 4% |
| 2020 | 12,999,419 | 10,202,185 | 2,797,234 | 35.8 | 3% |
| 2021 | 12,900,779 | 10,066,216 | 2,834,563 | 38.9 | 4% |
| 2022 | 13,040,075 | 9,794,628 | 3,245,447 | 43.0 | 5% |
| 2023 | 12,448,890 | 10,614,969 | 1,833,921 | 42.1 | 5% |
In its most recent public year (2023), this organization brought in $1,833,921 more than it spent. Its reserves stood at about 42.1 months of spending, up from 22.2 in 2011. Staff pay was 5% 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 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
New Hope Telephone Cooperative's IRS filings as a feed — one entry per filing year, through 2023. 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