Heartstrings Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,044,208 | 997,595 | 46,613 | 5.4 | 59% |
| 2012 | 1,005,046 | 1,004,129 | 917 | 5.4 | 55% |
| 2013 | 1,061,059 | 1,055,594 | 5,465 | 5.2 | 58% |
| 2014 | 1,091,801 | 1,007,904 | 83,897 | 6.4 | 53% |
| 2015 | 1,036,160 | 941,282 | 94,878 | 5.9 | 69% |
| 2016 | 1,129,077 | 1,005,878 | 123,199 | 7.0 | 60% |
| 2017 | 1,187,736 | 1,024,388 | 163,348 | 8.8 | 65% |
| 2018 | 1,479,787 | 1,139,510 | 340,277 | 12.3 | 55% |
| 2019 | 1,152,884 | 1,167,921 | −15,037 | 11.0 | 55% |
| 2020 | 1,068,120 | 999,096 | 69,024 | 13.4 | 56% |
| 2021 | 1,423,079 | 970,347 | 452,732 | 19.4 | 57% |
| 2022 | 1,347,347 | 1,264,413 | 82,934 | 16.0 | 59% |
| 2023 | 1,688,503 | 1,546,832 | 141,671 | 14.1 | 58% |
In its most recent public year (2023), this organization brought in $141,671 more than it spent. Its reserves stood at about 14.1 months of spending, up from 5.4 in 2011. Staff pay was 58% of spending. $53,975 of its net assets are donor-restricted.
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
Heartstrings Community 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