Heritage Radio Network Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 64,524 | 92,854 | −28,330 | -3.7 | 38% |
| 2013 | 189,762 | 196,429 | −6,667 | -2.1 | 38% |
| 2014 | 264,562 | 240,189 | 24,373 | -0.4 | 10% |
| 2015 | 341,392 | 297,094 | 44,298 | 1.5 | 13% |
| 2016 | 310,121 | 333,207 | −23,086 | 0.5 | 47% |
| 2017 | 469,338 | 338,133 | 131,205 | 4.3 | 63% |
| 2018 | 642,143 | 479,713 | 162,430 | 7.1 | 53% |
| 2019 | 498,345 | 494,159 | 4,186 | 7.0 | 58% |
| 2020 | 509,924 | 517,644 | −7,720 | 6.5 | 63% |
| 2021 | 544,885 | 578,208 | −33,323 | 5.1 | 64% |
| 2022 | 568,851 | 767,506 | −198,655 | 0.7 | 57% |
| 2023 | 266,021 | 772,948 | −506,927 | -7.1 | 52% |
In its most recent public year (2023), this organization spent $506,927 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.1 months), down from -3.7 in 2012. Staff pay was 52% 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
Heritage Radio Network 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