Heart Of America Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 490,192 | 244,964 | 245,228 | 133.6 | 0% |
| 2012 | 1,498,327 | 233,694 | 1,264,633 | 205.0 | 0% |
| 2013 | 4,074 | 225,083 | −221,009 | 201.1 | 0% |
| 2014 | 66,495 | 208,783 | −142,288 | 208.6 | 0% |
| 2015 | 162,368 | 175,741 | −13,373 | 246.9 | 0% |
| 2016 | −1,557,537 | 142,706 | −1,700,243 | 161.1 | 0% |
| 2017 | 5,576 | 5,617 | −41 | 4091.8 | 0% |
| 2018 | 9,774 | 6,045 | 3,729 | 3809.5 | 0% |
| 2019 | 11,547 | 5,589 | 5,958 | 4133.1 | 0% |
| 2020 | 10,027 | 11,821 | −1,794 | 1952.3 | 0% |
| 2021 | 87,806 | 11,832 | 75,974 | 2027.5 | 0% |
| 2022 | 335,923 | 231,845 | 104,078 | 108.9 | 0% |
| 2023 | 369,657 | 22,042 | 347,615 | 1334.5 | 0% |
In its most recent public year (2023), this organization brought in $347,615 more than it spent. Its reserves stood at about 1334.5 months of spending, up from 133.6 in 2011. Staff pay was 0% 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
Heart Of America Development Corporation'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