Kiwanis Heritage Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 645,145 | 591,508 | 53,637 | -14.9 | 0% |
| 2021 | 656,104 | 600,409 | 55,695 | -13.5 | 0% |
| 2022 | 704,979 | 689,024 | 15,955 | -11.5 | 0% |
| 2023 | 761,470 | 689,146 | 72,324 | -10.1 | 16% |
In its most recent public year (2023), this organization brought in $72,324 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months), up from -14.9 in 2020. Staff pay was 16% 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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