Heart Of A Champion Sports Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 51,710 | 50,203 | 1,507 | 6.5 | — |
| 2017 | 25,211 | 46,650 | −21,439 | 1.4 | — |
| 2018 | 83,663 | 65,798 | 17,865 | 4.3 | — |
| 2019 | 72,926 | 65,781 | 7,145 | 5.6 | — |
| 2020 | 53,792 | 66,508 | −12,716 | 3.2 | — |
| 2021 | 62,745 | 71,028 | −8,283 | 1.6 | — |
| 2022 | 27,099 | 62,214 | −35,115 | -4.9 | — |
| 2023 | 54,010 | 35,405 | 18,605 | -2.3 | — |
In its most recent public year (2023), this organization brought in $18,605 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2.3 months), down from 6.5 in 2016.
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
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