Hope For Tomorrow Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,214,742 | 1,979,615 | 235,127 | 58.0 | 48% |
| 2021 | 7,594,736 | 2,265,970 | 5,328,766 | 78.9 | 51% |
| 2022 | 3,014,850 | 2,992,634 | 22,216 | 59.8 | 50% |
| 2023 | 2,873,457 | 3,175,436 | −301,979 | 55.3 | 51% |
| 2024 | 3,249,790 | 3,452,083 | −202,293 | 50.2 | 52% |
In its most recent public year (2024), this organization spent $202,293 more than it brought in. Its reserves stood at about 50.2 months of spending, down from 58 in 2020. Staff pay was 52% of spending. $97,811 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works