Heartfelt Legacy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 480,334 | 653 | 479,681 | 8879.5 | 0% |
| 2021 | 32,630 | 51,000 | −18,370 | 121.6 | 0% |
| 2022 | 20,924 | 1,200 | 19,724 | 4466.6 | 0% |
| 2023 | 10,379 | 19,718 | −9,339 | 287.5 | — |
In its most recent public year (2023), this organization spent $9,339 more than it brought in. Its reserves stood at about 287.5 months of spending, down from 8879.5 in 2019.
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
Heartfelt Legacy Foundation'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