New Hope Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,501,004 | 225,000 | 1,276,004 | 68.1 | 0% |
| 2021 | 126 | 83,856 | −83,730 | 170.6 | 0% |
| 2022 | 300,310 | 366,654 | −66,344 | 36.8 | 0% |
| 2023 | 17,413 | 253,062 | −235,649 | 42.2 | 0% |
In its most recent public year (2023), this organization spent $235,649 more than it brought in. Its reserves stood at about 42.2 months of spending, down from 68.1 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 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
New Hope Foundation'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