Heartland Business Capital Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 627,347 | 593,899 | 33,448 | 13.5 | 64% |
| 2012 | 729,717 | 706,243 | 23,474 | 11.8 | 67% |
| 2013 | 689,214 | 732,215 | −43,001 | 10.7 | 68% |
| 2014 | 644,201 | 676,761 | −32,560 | 11.0 | 71% |
| 2015 | 567,298 | 584,011 | −16,713 | 12.3 | 69% |
| 2016 | 544,244 | 559,468 | −15,224 | 12.6 | 64% |
| 2017 | 595,140 | 586,012 | 9,128 | 12.2 | 69% |
| 2018 | 613,751 | 608,284 | 5,467 | 11.8 | 68% |
| 2019 | 568,738 | 636,181 | −67,443 | 10.1 | 68% |
| 2020 | 569,155 | 702,371 | −133,216 | 6.8 | 71% |
| 2021 | 740,115 | 768,837 | −28,722 | 5.8 | 75% |
| 2022 | 584,292 | 549,746 | 34,546 | 8.8 | 68% |
| 2023 | 697,416 | 604,157 | 93,259 | 9.9 | 67% |
In its most recent public year (2023), this organization brought in $93,259 more than it spent. Its reserves stood at about 9.9 months of spending, down from 13.5 in 2011. Staff pay was 67% 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
Heartland Business Capital 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