Hope To Opportunities Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 376,862 | 7,504 | 369,358 | 590.7 | 0% |
| 2018 | 1,200,847 | 294,638 | 906,209 | 52.0 | 22% |
| 2019 | 1,441,981 | 637,104 | 804,877 | 39.2 | 15% |
| 2020 | 1,184,583 | 121,527 | 1,063,056 | 312.6 | 69% |
| 2021 | 840,382 | 149,365 | 691,017 | 311.6 | 56% |
| 2022 | 838,497 | 169,513 | 668,984 | 321.8 | 51% |
| 2023 | 1,361,101 | 123,396 | 1,237,705 | 562.5 | 69% |
In its most recent public year (2023), this organization brought in $1,237,705 more than it spent. Its reserves stood at about 562.5 months of spending, down from 590.7 in 2017. Staff pay was 69% of spending.
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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