Hope Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,951,311 | 1,834,376 | 116,935 | 6.4 | 46% |
| 2022 | 1,878,239 | 1,979,280 | −101,041 | 5.3 | 49% |
| 2023 | 1,862,668 | 2,055,737 | −193,069 | 4.0 | 48% |
In its most recent public year (2023), this organization spent $193,069 more than it brought in. Its reserves stood at about 4 months of spending, down from 6.4 in 2021. Staff pay was 48% 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 Academy Inc'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