Heartworks Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 308,802 | 183,475 | 125,327 | 8.8 | 12% |
| 2012 | 502,549 | 425,357 | 77,192 | 6.0 | 11% |
| 2013 | 867,713 | 849,848 | 17,865 | 3.2 | 10% |
| 2014 | 358,437 | 335,308 | 23,129 | 9.0 | 34% |
| 2015 | 390,063 | 385,608 | 4,455 | 8.0 | 28% |
| 2016 | 458,484 | 412,907 | 45,577 | 8.8 | 33% |
| 2017 | 433,063 | 425,496 | 7,567 | 8.7 | 35% |
| 2018 | 412,318 | 409,082 | 3,236 | 9.2 | 36% |
| 2019 | 389,143 | 451,302 | −62,159 | 6.7 | 39% |
| 2020 | 489,569 | 504,813 | −15,244 | 5.6 | 35% |
| 2021 | 436,166 | 389,152 | 47,014 | 8.7 | 31% |
| 2022 | 414,514 | 541,133 | −126,619 | 3.5 | 23% |
| 2023 | 310,665 | 340,481 | −29,816 | 4.5 | 39% |
In its most recent public year (2023), this organization spent $29,816 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 8.8 in 2011. Staff pay was 39% 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
Heartworks Inc'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