The Heart Matters Foster Family Agency
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 1,497,398 | 1,177,480 | 319,918 | 2.9 | 16% |
| 2018 | 2,323,710 | 2,128,795 | 194,915 | 2.7 | 18% |
| 2019 | 3,274,314 | 2,933,480 | 340,834 | 3.4 | 33% |
| 2020 | 4,806,021 | 4,108,459 | 697,562 | 4.4 | 34% |
| 2022 | 5,046,723 | 5,158,550 | −111,827 | 2.2 | 34% |
| 2023 | 6,527,988 | 6,565,743 | −37,755 | 1.6 | 36% |
In its most recent public year (2023), this organization spent $37,755 more than it brought in. Its reserves stood at about 1.6 months of spending, down from 2.9 in 2017. Staff pay was 36% 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
The Heart Matters Foster Family Agency'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