The Herzer Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 6,000,000 | 60,127 | 5,939,873 | 1185.5 | 0% |
| 2015 | 0 | 589,175 | −589,175 | 109.0 | 0% |
| 2016 | 0 | 683,697 | −683,697 | 81.9 | 6% |
| 2017 | 7 | 407,712 | −407,705 | 125.9 | 11% |
| 2018 | −13,721 | 601,662 | −615,383 | 71.1 | 0% |
| 2019 | −3,847 | 300,538 | −304,385 | 131.2 | 19% |
| 2020 | −1,742 | 394,705 | −396,447 | 91.7 | 15% |
| 2021 | 82,982 | 396,662 | −313,680 | 79.4 | 15% |
| 2022 | 19,966 | 474,824 | −454,858 | 54.9 | 13% |
In its most recent public year (2022), this organization spent $454,858 more than it brought in. Its reserves stood at about 54.9 months of spending, down from 1185.5 in 2014. Staff pay was 13% 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
The Herzer Foundation'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