Hope Family Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 322,767 | 275,471 | 47,296 | 10.6 | 77% |
| 2021 | 290,748 | 265,049 | 25,699 | 12.2 | 77% |
| 2022 | 202,364 | 264,684 | −62,320 | 9.4 | 77% |
| 2023 | 242,403 | 254,948 | −12,545 | 9.2 | 77% |
In its most recent public year (2023), this organization spent $12,545 more than it brought in. Its reserves stood at about 9.2 months of spending, down from 10.6 in 2020. Staff pay was 77% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works