Sound Of Hope Radio Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 659,814 | 581,344 | 78,470 | 3.9 | 0% |
| 2011 | 662,052 | 922,347 | −260,295 | -1.0 | 0% |
| 2012 | 1,561,702 | 1,245,501 | 316,201 | 2.2 | 0% |
| 2013 | 1,303,507 | 1,312,701 | −9,194 | 2.2 | 0% |
| 2014 | 1,887,274 | 1,428,059 | 459,215 | 5.9 | 0% |
| 2015 | 1,997,227 | 1,547,834 | 449,393 | 8.9 | 8% |
| 2016 | 3,412,632 | 2,378,636 | 1,033,996 | 11.0 | 13% |
| 2017 | 24,145,792 | 6,067,329 | 18,078,463 | 40.1 | 8% |
| 2018 | 3,899,987 | 3,656,353 | 243,634 | 63.2 | 13% |
| 2019 | 4,102,838 | 4,169,375 | −66,537 | 60.7 | 13% |
| 2020 | 6,763,213 | 5,288,531 | 1,474,682 | 51.7 | 12% |
| 2021 | 6,089,143 | 6,428,853 | −339,710 | 43.0 | 10% |
| 2022 | 5,199,052 | 8,493,100 | −3,294,048 | 25.8 | 9% |
| 2023 | 6,384,358 | 6,834,783 | −450,425 | 32.8 | 19% |
In its most recent public year (2023), this organization spent $450,425 more than it brought in. Its reserves stood at about 32.8 months of spending, up from 3.9 in 2010. Staff pay was 19% 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
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