Hope Network Non Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 1,112,504 | −1,112,504 | -9.3 | 46% |
| 2021 | 0 | 1,017,561 | −1,017,561 | -22.1 | 53% |
| 2022 | 100,417 | 826,563 | −726,146 | -37.8 | 60% |
| 2023 | 11,703 | 869,643 | −857,940 | -47.8 | 64% |
In its most recent public year (2023), this organization spent $857,940 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-47.8 months), down from -9.3 in 2020. Staff pay was 64% 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
Hope Network Non Profit Housing Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works