South Bend Heritage Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,895,616 | 4,806,570 | 89,046 | 12.2 | 14% |
| 2012 | 7,395,673 | 6,893,668 | 502,005 | 9.4 | 9% |
| 2013 | 4,837,354 | 3,893,722 | 943,632 | 19.6 | 17% |
| 2014 | 2,045,421 | 1,711,542 | 333,879 | 46.9 | 35% |
| 2015 | 5,659,112 | 5,648,396 | 10,716 | 14.2 | 13% |
| 2016 | 5,036,911 | 4,738,199 | 298,712 | 17.9 | 17% |
| 2017 | 4,920,156 | 4,012,350 | 907,806 | 24.1 | 21% |
| 2018 | 3,866,028 | 4,121,741 | −255,713 | 21.5 | 23% |
| 2019 | 4,008,925 | 4,076,361 | −67,436 | 21.4 | 22% |
| 2020 | 4,433,377 | 3,822,196 | 611,181 | 24.8 | 20% |
| 2021 | 7,170,188 | 3,651,367 | 3,518,821 | 37.6 | 15% |
| 2022 | 6,242,150 | 4,650,840 | 1,591,310 | 33.6 | 18% |
| 2023 | 5,382,300 | 4,836,987 | 545,313 | 33.6 | 18% |
In its most recent public year (2023), this organization brought in $545,313 more than it spent. Its reserves stood at about 33.6 months of spending, up from 12.2 in 2011. Staff pay was 18% of spending. $256,404 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
South Bend Heritage Foundation 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