Heralds Of The Gospel Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 90,675 | 29,490 | 61,185 | 88.0 | — |
| 2012 | 67,397 | 37,763 | 29,634 | 78.2 | — |
| 2013 | 85,721 | 121,356 | −35,635 | 20.8 | — |
| 2014 | 81,766 | 57,977 | 23,789 | 48.5 | — |
| 2015 | 95,713 | 98,693 | −2,980 | 28.1 | — |
| 2016 | 74,852 | 86,899 | −12,047 | 30.3 | — |
| 2017 | 205,726 | 264,131 | −58,405 | 7.3 | 0% |
| 2018 | 87,031 | 93,398 | −6,367 | 19.8 | — |
| 2019 | 490,259 | 359,899 | 130,360 | 9.5 | 0% |
| 2020 | 280,073 | 322,886 | −42,813 | 9.0 | 0% |
| 2021 | 367,659 | 227,900 | 139,759 | 20.1 | 0% |
| 2022 | 1,310,775 | 1,201,255 | 109,520 | 4.9 | 0% |
In its most recent public year (2022), this organization brought in $109,520 more than it spent. Its reserves stood at about 4.9 months of spending, down from 88 in 2011. 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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