Hopeful Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,507,370 | 6,370 | 2,501,000 | 4711.5 | 0% |
| 2021 | 2,500,149 | 218,905 | 2,281,244 | 262.2 | 0% |
| 2022 | 0 | 10,473 | −10,473 | 5467.5 | 0% |
In its most recent public year (2022), this organization spent $10,473 more than it brought in. Its reserves stood at about 5467.5 months of spending, up from 4711.5 in 2020. 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 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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