Matthew 25 40 Heartside Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 537,389 | 495,774 | 41,615 | 22.4 | 46% |
| 2012 | 546,065 | 656,667 | −110,602 | 14.9 | 41% |
| 2013 | 541,938 | 795,801 | −253,863 | 8.5 | 37% |
| 2014 | 557,470 | 493,460 | 64,010 | 15.2 | 50% |
| 2015 | 439,285 | 492,252 | −52,967 | 14.0 | 53% |
| 2016 | 432,402 | 432,194 | 208 | 15.9 | 50% |
| 2017 | 509,088 | 440,670 | 68,418 | 17.5 | 49% |
| 2018 | 494,621 | 442,301 | 52,320 | 18.8 | 52% |
| 2019 | 469,938 | 487,000 | −17,062 | 16.7 | 54% |
| 2020 | 1,007,995 | 439,009 | 568,986 | 34.0 | 59% |
| 2021 | 787,894 | 538,096 | 249,798 | 33.3 | 54% |
| 2022 | 594,361 | 547,441 | 46,920 | 33.8 | 49% |
| 2023 | 632,092 | 654,270 | −22,178 | 27.9 | 51% |
In its most recent public year (2023), this organization spent $22,178 more than it brought in. Its reserves stood at about 27.9 months of spending, up from 22.4 in 2011. Staff pay was 51% of spending. $24,000 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
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