Hope Restored Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 12,253 | 0 | 12,253 | — | — |
| 2019 | 15,221 | 0 | 15,221 | — | — |
| 2020 | 24,028 | 0 | 24,028 | — | — |
| 2021 | 579 | 0 | 579 | — | — |
| 2022 | 1,978 | 0 | 1,978 | — | — |
| 2023 | 2,215 | 0 | 2,215 | — | — |
In its most recent public year (2023), this organization brought in $2,215 more than it spent.
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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