everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Treasure Of Hope Inc

Springfield, MA / EIN 80-0338586 / Form 990 / latest filing 2022
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2016272,633262,54410,089-1.530%
2017474,186454,64219,544-0.37%
2018556,113480,28775,8261.64%
2019496,842414,18982,6534.27%
2020436,371411,87524,4965.020%
2021271,104431,929−160,825-1.731%
202251,948395,477−343,529-12.345%

In its most recent public year (2022), this organization spent $343,529 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.3 months), down from -1.5 in 2016. Staff pay was 45% 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 2022. 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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