Lifting Hearts 2gether Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,432 | 61,728 | 704 | -0.5 | 0% |
| 2021 | 94,014 | 98,495 | −4,481 | -0.9 | 0% |
| 2022 | 55,319 | 59,259 | −3,940 | -0.7 | 0% |
| 2023 | 46,164 | 63,422 | −17,258 | -2.5 | 0% |
In its most recent public year (2023), this organization spent $17,258 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.5 months), down from -0.5 in 2020. 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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