Southern Heritage Air Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 264,103 | 282,043 | −17,940 | 4.7 | 0% |
| 2012 | 275,377 | 257,360 | 18,017 | 6.0 | 6% |
| 2013 | 129,254 | 179,794 | −50,540 | 5.3 | 0% |
| 2014 | 326,748 | 321,976 | 4,772 | 3.1 | 0% |
| 2015 | 298,207 | 362,494 | −64,287 | 0.6 | 0% |
| 2016 | 418,275 | 413,652 | 4,623 | 0.7 | 0% |
| 2017 | 347,006 | 220,643 | 126,363 | 8.5 | 0% |
| 2018 | 362,722 | 388,469 | −25,747 | 4.4 | 0% |
| 2019 | 727,187 | 250,180 | 477,007 | 29.9 | 0% |
| 2020 | 451,123 | 362,783 | 88,340 | 23.5 | 0% |
| 2021 | 452,048 | 474,454 | −22,406 | 17.4 | 0% |
| 2022 | 426,204 | 563,854 | −137,650 | 11.7 | 0% |
| 2023 | 599,277 | 519,487 | 79,790 | 15.1 | 0% |
In its most recent public year (2023), this organization brought in $79,790 more than it spent. Its reserves stood at about 15.1 months of spending, up from 4.7 in 2011. 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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