The Reaching Educating For Community Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 236,740 | 139,911 | 96,829 | 46.6 | 0% |
| 2021 | 249,637 | 137,019 | 112,618 | 0.0 | 0% |
| 2022 | 331,527 | 172,924 | 158,603 | 11.0 | 0% |
In its most recent public year (2022), this organization brought in $158,603 more than it spent. Its reserves stood at about 11 months of spending, down from 46.6 in 2020. Staff pay was 0% of spending. $158,603 of its net assets are donor-restricted.
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 2022. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works