Hope Redefined
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 19,075 | 14,057 | 5,018 | 4.3 | — |
| 2019 | 39,412 | 38,025 | 1,387 | 2.0 | — |
| 2020 | 88,302 | 92,663 | −4,361 | 0.3 | — |
| 2021 | 209,910 | 166,102 | 43,808 | 3.3 | 0% |
| 2022 | 240,883 | 238,402 | 2,481 | 2.4 | 0% |
| 2023 | 226,567 | 240,493 | −13,926 | 1.7 | 30% |
In its most recent public year (2023), this organization spent $13,926 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 4.3 in 2018. Staff pay was 30% 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 Redefined'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