Changing Hearts Boarding School And Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 220,025 | 216,173 | 3,852 | 0.2 | 0% |
| 2013 | 257,075 | 256,130 | 945 | 0.2 | 0% |
| 2014 | 343,245 | 346,353 | −3,108 | 0.1 | 0% |
| 2015 | 476,285 | 464,578 | 11,707 | 0.3 | 0% |
| 2016 | 381,205 | 381,429 | −224 | 0.4 | 0% |
| 2017 | 425,000 | 430,783 | −5,783 | 0.2 | 41% |
| 2018 | 425,400 | 425,855 | −455 | 0.2 | 28% |
| 2019 | 447,423 | 441,189 | 6,234 | 0.4 | 15% |
| 2020 | 474,198 | 476,309 | −2,111 | 0.3 | 19% |
| 2021 | 539,600 | 527,484 | 12,116 | 0.5 | 14% |
| 2022 | 828,600 | 836,295 | −7,695 | 0.2 | 28% |
In its most recent public year (2022), this organization spent $7,695 more than it brought in. Its reserves stood at about 0.2 months of spending. Staff pay was 28% 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
Changing Hearts Boarding School And Ministries's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works