Nat King Cole Generation Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 44,205 | −44,205 | 3.0 | 0% |
| 2012 | 113,788 | 93,532 | 20,256 | 4.8 | 0% |
| 2013 | 176,355 | 156,965 | 19,390 | 4.3 | 0% |
| 2014 | 230,161 | 198,974 | 31,187 | 5.3 | 15% |
| 2015 | 371,181 | 259,289 | 111,892 | 9.2 | 19% |
| 2016 | 183,141 | 248,477 | −65,336 | 6.5 | 26% |
| 2017 | 184,876 | 256,214 | −71,338 | 2.9 | 27% |
| 2018 | 214,138 | 275,466 | −61,328 | 1.7 | 28% |
| 2019 | 337,029 | 291,216 | 45,813 | 3.5 | 26% |
| 2020 | 180,126 | 195,086 | −14,960 | 4.4 | 49% |
| 2021 | 227,600 | 223,585 | 4,015 | 4.0 | 40% |
| 2022 | 313,105 | 228,256 | 84,849 | 8.4 | 50% |
| 2023 | 347,809 | 408,350 | −60,541 | 2.9 | 35% |
In its most recent public year (2023), this organization spent $60,541 more than it brought in. Its reserves stood at about 2.9 months of spending. Staff pay was 35% of spending. $44,762 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 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
Nat King Cole Generation Hope Inc'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