Hope Alive Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 332,678 | 320,192 | 12,486 | 17.7 | 0% |
| 2021 | 363,587 | 365,125 | −1,538 | 15.5 | 0% |
| 2022 | 453,078 | 409,259 | 43,819 | 15.1 | 16% |
| 2023 | 500,334 | 448,317 | 52,017 | 14.6 | 8% |
In its most recent public year (2023), this organization brought in $52,017 more than it spent. Its reserves stood at about 14.6 months of spending, down from 17.7 in 2020. Staff pay was 8% of spending. $507,792 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
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