My Hope Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 369,535 | 3,812 | 365,723 | 1151.3 | 0% |
| 2020 | 1,584,628 | 7,352 | 1,577,276 | 3171.4 | 0% |
| 2021 | −14,760 | 32,161 | −46,921 | 707.5 | 0% |
| 2022 | 41,663 | 40,279 | 1,384 | 565.3 | 0% |
| 2023 | 4,432 | 60,079 | −55,647 | 367.9 | 0% |
In its most recent public year (2023), this organization spent $55,647 more than it brought in. Its reserves stood at about 367.9 months of spending, down from 1151.3 in 2019. Staff pay was 0% 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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