Hope For Tomorrow Child & Family Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 180,680 | 586,849 | −406,169 | -8.3 | — |
| 2022 | 951,662 | 893,398 | 58,264 | -4.7 | 49% |
| 2023 | 1,004,395 | 1,125,523 | −121,128 | -2.2 | 43% |
In its most recent public year (2023), this organization spent $121,128 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.2 months), up from -8.3 in 2021. Staff pay was 43% 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
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