Herons Key
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,654,210 | 7,294,592 | −5,640,382 | -29.1 | 18% |
| 2018 | 12,858,227 | 20,668,302 | −7,810,075 | -12.6 | 20% |
| 2019 | 17,260,024 | 22,590,185 | −5,330,161 | -15.0 | 24% |
| 2020 | 20,479,553 | 22,995,550 | −2,515,997 | -16.1 | 24% |
| 2021 | 21,024,453 | 23,728,156 | −2,703,703 | -17.1 | 27% |
| 2022 | 13,896,246 | 24,052,522 | −10,156,276 | -20.9 | 31% |
| 2023 | 25,833,805 | 23,872,850 | 1,960,955 | -20.3 | 29% |
In its most recent public year (2023), this organization brought in $1,960,955 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-20.3 months), up from -29.1 in 2017. Staff pay was 29% of spending. $315,244 of its net assets are donor-restricted.
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
Herons Key's IRS filings as a feed — one entry per filing year, through 2023. 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