Heits Point Lutheran Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 420,378 | 572,450 | −152,072 | 32.5 | 25% |
| 2020 | 283,155 | 470,435 | −187,280 | 36.5 | 26% |
| 2021 | 455,612 | 397,627 | 57,985 | 43.1 | 30% |
| 2022 | 459,270 | 457,569 | 1,701 | 32.8 | 32% |
In its most recent public year (2022), this organization brought in $1,701 more than it spent. Its reserves stood at about 32.8 months of spending. Staff pay was 32% 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 2022. 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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