Heal The Hood Foundation Of Memphis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 125,994 | 185,167 | −59,173 | 26.4 | — |
| 2022 | 424,195 | 282,638 | 141,557 | 22.6 | 33% |
| 2023 | 333,324 | 446,797 | −113,473 | 7.2 | 22% |
In its most recent public year (2023), this organization spent $113,473 more than it brought in. Its reserves stood at about 7.2 months of spending, down from 26.4 in 2021. Staff pay was 22% of spending. $103,580 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
Heal The Hood Foundation Of Memphis'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