Heart Reach Neighborhood Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 706,163 | 742,965 | −36,802 | 1.0 | 60% |
| 2011 | 606,531 | 627,655 | −21,124 | 0.7 | 56% |
| 2012 | 447,465 | 557,937 | −110,472 | -1.6 | 57% |
| 2013 | 173,305 | 139,856 | 33,449 | -3.4 | 43% |
| 2014 | 185,420 | 166,877 | 18,543 | -1.5 | 36% |
| 2015 | 175,469 | 175,190 | 279 | -1.4 | 43% |
| 2016 | 213,127 | 169,474 | 43,653 | 1.7 | 50% |
| 2017 | 186,940 | 195,837 | −8,897 | 0.9 | 50% |
| 2018 | 525,500 | 689,195 | −163,695 | -1.5 | 35% |
| 2019 | 533,088 | 584,554 | −51,466 | -2.8 | 40% |
| 2020 | 1,116,966 | 981,197 | 135,769 | -0.0 | 23% |
| 2021 | 1,053,305 | 685,153 | 368,152 | 6.4 | 29% |
| 2022 | 851,845 | 811,196 | 40,649 | 6.0 | 31% |
| 2023 | 705,105 | 761,854 | −56,749 | 5.5 | 39% |
In its most recent public year (2023), this organization spent $56,749 more than it brought in. Its reserves stood at about 5.5 months of spending, up from 1 in 2010. Staff pay was 39% of spending. $168,404 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works