Heart Of Texas Economic Development District Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 280,849 | 56,337 | 224,512 | 158.0 | 0% |
| 2012 | 245,878 | 143,170 | 102,708 | 70.8 | 0% |
| 2013 | 278,224 | 31,577 | 246,647 | 414.7 | 0% |
| 2014 | 374,987 | 248,684 | 126,303 | 58.7 | 0% |
| 2015 | 28,272 | 56,817 | −28,545 | 251.1 | 0% |
| 2016 | 92,288 | 227,231 | −134,943 | 55.7 | 0% |
| 2017 | 181,051 | 204,663 | −23,612 | 60.4 | 1% |
| 2018 | 266,143 | 214,080 | 52,063 | 60.7 | 2% |
| 2019 | 272,809 | 125,323 | 147,486 | 117.8 | 0% |
| 2020 | 255,860 | 177,900 | 77,960 | 88.2 | 0% |
| 2021 | 263,842 | 143,213 | 120,629 | 119.7 | 0% |
| 2022 | 176,969 | 249,974 | −73,005 | 65.1 | 0% |
| 2023 | 231,434 | 165,762 | 65,672 | 102.9 | 0% |
In its most recent public year (2023), this organization brought in $65,672 more than it spent. Its reserves stood at about 102.9 months of spending, down from 158 in 2011. Staff pay was 0% of spending. $327,412 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
Heart Of Texas Economic Development District 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