Herald Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 563,016 | 641,684 | −78,668 | 3.5 | 31% |
| 2012 | 462,338 | 470,931 | −8,593 | 4.5 | 35% |
| 2013 | 457,727 | 366,343 | 91,384 | 8.8 | 10% |
| 2014 | 426,308 | 410,557 | 15,751 | 8.3 | 34% |
| 2015 | 146,323 | 334,374 | −188,051 | 3.5 | 30% |
| 2016 | 300,609 | 246,739 | 53,870 | 7.4 | 19% |
| 2017 | 494,018 | 377,739 | 116,279 | 5.0 | 12% |
| 2018 | 191,415 | 183,635 | 7,780 | 10.9 | — |
| 2019 | 181,433 | 169,898 | 11,535 | 12.6 | — |
| 2020 | 2,605 | 1,186 | 1,419 | 1823.0 | — |
| 2021 | 133,002 | 135,241 | −2,239 | 15.8 | — |
| 2022 | 180,000 | 173,110 | 6,890 | 12.8 | — |
| 2023 | 185,000 | 175,000 | 10,000 | 13.4 | — |
In its most recent public year (2023), this organization brought in $10,000 more than it spent. Its reserves stood at about 13.4 months of spending, up from 3.5 in 2011.
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
Herald Foundation'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