Heritage Homeschool Co-Op
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 455,983 | 405,931 | 50,052 | 6.7 | 3% |
| 2021 | 82,376 | 194,410 | −112,034 | 7.0 | — |
| 2022 | 448,541 | 368,553 | 79,988 | 6.3 | 1% |
| 2023 | 447,932 | 452,348 | −4,416 | 5.0 | 2% |
| 2024 | 522,309 | 490,891 | 31,418 | 5.4 | 0% |
In its most recent public year (2024), this organization brought in $31,418 more than it spent. Its reserves stood at about 5.4 months of spending, down from 6.7 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 2024. 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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