Foundations For Hope Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 402,794 | 8,406 | 394,388 | 563.0 | 0% |
| 2020 | 292,035 | 89,134 | 202,901 | 80.4 | 0% |
| 2021 | 299,752 | 123,657 | 176,095 | 75.1 | 12% |
| 2022 | 449,946 | 259,366 | 190,580 | 44.5 | 12% |
| 2023 | 759,066 | 631,163 | 127,903 | 20.7 | 19% |
In its most recent public year (2023), this organization brought in $127,903 more than it spent. Its reserves stood at about 20.7 months of spending, down from 563 in 2019. Staff pay was 19% 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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