Nicoles Heart Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 4,683 | 5,519 | −836 | 36.6 | — |
| 2022 | 11,431 | 6,429 | 5,002 | 40.8 | — |
| 2023 | 3,776 | 5,242 | −1,466 | 46.7 | — |
In its most recent public year (2023), this organization spent $1,466 more than it brought in. Its reserves stood at about 46.7 months of spending, up from 36.6 in 2021.
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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