Many Happy Hearts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,200 | 8,190 | 17,010 | 25.6 | — |
| 2021 | 60 | 1,929 | −1,869 | 97.0 | — |
| 2022 | 5,305 | 1,614 | 3,691 | 143.4 | — |
| 2023 | 58,595 | 31,172 | 27,423 | 18.0 | — |
In its most recent public year (2023), this organization brought in $27,423 more than it spent. Its reserves stood at about 18 months of spending, down from 25.6 in 2020.
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
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