Crossroads Hope Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,726,579 | 1,778,129 | −51,550 | 3.7 | 55% |
| 2021 | 1,860,420 | 1,627,131 | 233,289 | 5.8 | 63% |
| 2022 | 2,043,196 | 1,886,433 | 156,763 | 6.0 | 60% |
| 2023 | 3,891,044 | 3,031,175 | 859,869 | 7.1 | 57% |
In its most recent public year (2023), this organization brought in $859,869 more than it spent. Its reserves stood at about 7.1 months of spending, up from 3.7 in 2020. Staff pay was 57% of spending. $140,322 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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