Heroes On The Water
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 278,403 | 257,563 | 20,840 | 2.8 | 0% |
| 2012 | 439,291 | 251,246 | 188,045 | 12.5 | 0% |
| 2013 | 561,700 | 416,257 | 145,443 | 11.8 | 31% |
| 2014 | 649,677 | 816,322 | −166,645 | 3.6 | 32% |
| 2015 | 737,569 | 673,026 | 64,543 | 5.5 | 29% |
| 2016 | 1,006,903 | 811,504 | 195,399 | 7.4 | 32% |
| 2017 | 1,002,940 | 1,101,613 | −98,673 | 4.4 | 40% |
| 2018 | 885,670 | 803,608 | 82,062 | 7.3 | 36% |
| 2019 | 974,942 | 582,668 | 392,274 | 18.1 | 35% |
| 2020 | 1,507,628 | 736,582 | 771,046 | 27.0 | 51% |
| 2021 | 1,901,734 | 883,735 | 1,017,999 | 37.3 | 47% |
| 2022 | 1,527,239 | 1,346,982 | 180,257 | 24.8 | 39% |
| 2023 | 2,045,754 | 1,558,231 | 487,523 | 26.4 | 46% |
In its most recent public year (2023), this organization brought in $487,523 more than it spent. Its reserves stood at about 26.4 months of spending, up from 2.8 in 2011. Staff pay was 46% of spending. $26,732 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
Heroes On The Water'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