Heritage Home Educational Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 600,885 | 480,431 | 120,454 | 3.0 | 68% |
| 2015 | 470,231 | 355,881 | 114,350 | 7.9 | 63% |
| 2016 | 382,514 | 406,282 | −23,768 | 6.2 | 62% |
| 2017 | 339,848 | 347,122 | −7,274 | 7.0 | 2% |
| 2018 | 417,345 | 413,099 | 4,246 | 6.0 | 2% |
| 2019 | 530,021 | 604,602 | −74,581 | 2.6 | 1% |
| 2020 | 423,742 | 438,501 | −14,759 | 3.2 | 2% |
| 2021 | 458,615 | 585,804 | −127,189 | -0.2 | 4% |
| 2022 | 615,325 | 113,232 | 502,093 | -0.6 | 0% |
| 2023 | 688,215 | 641,947 | 46,268 | 1.0 | 0% |
In its most recent public year (2023), this organization brought in $46,268 more than it spent. Its reserves stood at about 1 months of spending. 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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