Twin Cities Heart Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 46,458 | 53,083 | −6,625 | 161.9 | 0% |
| 2020 | 271,477 | 28,619 | 242,858 | 301.2 | 0% |
| 2021 | 17,456 | 59,966 | −42,510 | 185.5 | 0% |
| 2022 | 35,668 | 25,901 | 9,767 | 355.8 | 0% |
| 2023 | 436,336 | 19,214 | 417,122 | 594.3 | 0% |
In its most recent public year (2023), this organization brought in $417,122 more than it spent. Its reserves stood at about 594.3 months of spending, up from 161.9 in 2019. 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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