New Hope Christian Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,076,727 | 1,014,139 | 62,588 | 7.9 | 61% |
| 2022 | 1,661,084 | 1,396,938 | 264,146 | 8.0 | 61% |
| 2023 | 1,876,775 | 1,807,948 | 68,827 | 6.6 | 64% |
In its most recent public year (2023), this organization brought in $68,827 more than it spent. Its reserves stood at about 6.6 months of spending, down from 7.9 in 2021. Staff pay was 64% 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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