Heart Of Iowa School Tuition Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,043,244 | 1,427,128 | 616,116 | 16.3 | 0% |
| 2021 | 2,267,214 | 2,092,800 | 174,414 | 12.1 | 0% |
| 2022 | 2,822,143 | 2,183,334 | 638,809 | 15.1 | 0% |
| 2023 | 1,989,092 | 2,594,263 | −605,171 | 9.9 | 0% |
In its most recent public year (2023), this organization spent $605,171 more than it brought in. Its reserves stood at about 9.9 months of spending, down from 16.3 in 2020. Staff pay was 0% of spending. $1,551,329 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works