Heart Reach Carmel Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 43,381 | 13,530 | 29,851 | 28.6 | — |
| 2015 | 65,053 | 92,988 | −27,935 | 0.6 | — |
| 2016 | 122,809 | 113,233 | 9,576 | 1.5 | — |
| 2017 | 113,034 | 133,884 | −20,850 | -0.6 | — |
| 2018 | 330,012 | 320,531 | 9,481 | 0.1 | 0% |
| 2019 | 303,455 | 297,122 | 6,333 | 1.2 | 0% |
| 2020 | 214,558 | 194,604 | 19,954 | 1.8 | 0% |
| 2021 | 322,110 | 313,705 | 8,405 | 1.4 | 0% |
| 2022 | 257,822 | 133,187 | 124,635 | 14.6 | 0% |
| 2023 | 289,717 | 424,453 | −134,736 | 0.8 | 0% |
In its most recent public year (2023), this organization spent $134,736 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 28.6 in 2014. Staff pay was 0% of spending.
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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