Hope Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 8,149 | 8,932 | −783 | 1.7 | — |
| 2021 | 215,468 | 172,656 | 42,812 | -0.5 | 31% |
| 2022 | 213,805 | 257,669 | −43,864 | -2.4 | 24% |
In its most recent public year (2022), this organization spent $43,864 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.4 months), down from 1.7 in 2019. Staff pay was 24% of spending. $1,700 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
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