Hogar Mis Primeros Pasos Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 635,323 | 449,498 | 185,825 | 29.1 | 51% |
| 2021 | 953,079 | 488,180 | 464,899 | 38.2 | 59% |
| 2022 | 1,019,106 | 571,541 | 447,565 | 42.0 | 60% |
| 2023 | 946,497 | 657,590 | 288,907 | 41.8 | 62% |
| 2024 | 1,286,587 | 786,337 | 500,250 | 42.6 | 64% |
In its most recent public year (2024), this organization brought in $500,250 more than it spent. Its reserves stood at about 42.6 months of spending, up from 29.1 in 2020. Staff pay was 64% of spending. $67,776 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
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