Herscher Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,310 | 80,210 | −42,900 | 17.9 | — |
| 2012 | 290,596 | 91,592 | 199,004 | 41.7 | 0% |
| 2013 | 37,878 | 86,436 | −48,558 | 37.5 | — |
| 2014 | 36,489 | 88,583 | −52,094 | 29.5 | — |
| 2015 | 45,910 | 88,311 | −42,401 | 23.8 | — |
| 2016 | 61,809 | 120,766 | −58,957 | 11.6 | — |
| 2017 | 132,820 | 97,941 | 34,879 | 19.1 | — |
| 2018 | 47,861 | 90,709 | −42,848 | 15.0 | — |
| 2019 | 149,412 | 101,135 | 48,277 | 19.2 | — |
| 2020 | 38,155 | 100,132 | −61,977 | 11.9 | — |
| 2021 | 145,898 | 99,809 | 46,089 | 17.5 | — |
| 2022 | 62,170 | 95,911 | −33,741 | 14.0 | — |
| 2023 | 154,779 | 111,915 | 42,864 | 16.6 | — |
In its most recent public year (2023), this organization brought in $42,864 more than it spent. Its reserves stood at about 16.6 months of spending, down from 17.9 in 2011.
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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