Hearts And Hammers Twin Cities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 203,008 | 185,566 | 17,442 | 9.5 | 55% |
| 2021 | 335,093 | 252,906 | 82,187 | 10.9 | 53% |
| 2022 | 401,792 | 324,903 | 76,889 | 11.2 | 49% |
| 2023 | 474,759 | 364,878 | 109,881 | 14.0 | 55% |
In its most recent public year (2023), this organization brought in $109,881 more than it spent. Its reserves stood at about 14 months of spending, up from 9.5 in 2020. Staff pay was 55% 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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