Tomorrows Hope Foundation Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,346,449 | 839,988 | 1,506,461 | 21.5 | 10% |
| 2021 | 4,329,186 | 3,966,738 | 362,448 | 5.7 | 11% |
| 2022 | 3,697,693 | 4,486,666 | −788,973 | 2.9 | 12% |
| 2023 | 3,699,310 | 3,782,085 | −82,775 | 5.5 | 15% |
In its most recent public year (2023), this organization spent $82,775 more than it brought in. Its reserves stood at about 5.5 months of spending, down from 21.5 in 2020. Staff pay was 15% of spending. $2,065,291 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 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
Tomorrows Hope Foundation Ii 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