New Hope For Families
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 632,414 | 37,097 | 595,317 | 193.3 | 0% |
| 2020 | 86,094 | 87,768 | −1,674 | 81.5 | 0% |
| 2021 | 131,988 | 85,357 | 46,631 | 90.3 | 0% |
| 2022 | 138,481 | 118,399 | 20,082 | 67.2 | 0% |
| 2023 | 175,937 | 124,042 | 51,895 | 69.1 | 0% |
In its most recent public year (2023), this organization brought in $51,895 more than it spent. Its reserves stood at about 69.1 months of spending, down from 193.3 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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