Project Heart Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 225,899 | 56,728 | 169,171 | 38.5 | 19% |
| 2020 | 40,734 | 150,511 | −109,777 | 5.8 | 38% |
| 2021 | 226,362 | 128,920 | 97,442 | 15.8 | 48% |
| 2022 | 224,469 | 184,225 | 40,244 | 13.7 | 50% |
| 2023 | 142,991 | 307,986 | −164,995 | 1.8 | 47% |
In its most recent public year (2023), this organization spent $164,995 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 38.5 in 2019. Staff pay was 47% 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
Project Heart Inc'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