Hoover Family Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 75,003 | 8,800 | 66,203 | 90.3 | — |
| 2017 | 25,006 | 17,600 | 7,406 | 50.2 | — |
| 2018 | 50,008 | 29,269 | 20,739 | 38.7 | — |
| 2019 | 65,200 | 50,022 | 15,178 | 26.3 | — |
| 2020 | 25,634 | 23,803 | 1,831 | 56.1 | — |
| 2021 | 37,305 | 37,950 | −645 | 35.0 | — |
| 2022 | 37,195 | 66,044 | −28,849 | 14.9 | — |
| 2023 | 37,140 | 33,960 | 3,180 | 30.1 | — |
In its most recent public year (2023), this organization brought in $3,180 more than it spent. Its reserves stood at about 30.1 months of spending, down from 90.3 in 2016.
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
Hoover Family Foundation'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