Vestas Hearth Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 116,677 | 159,427 | −42,750 | -36.2 | 4% |
| 2012 | 134,135 | 149,702 | −15,567 | -39.8 | 4% |
| 2013 | 140,834 | 168,023 | −27,189 | -37.4 | 4% |
| 2014 | 140,035 | 159,728 | −19,693 | -40.8 | 5% |
| 2015 | 121,919 | 212,676 | −90,757 | -35.7 | 3% |
| 2016 | 109,541 | 152,469 | −42,928 | -53.2 | 5% |
| 2017 | 111,049 | 172,957 | −61,908 | -51.2 | 3% |
| 2018 | 157,026 | 159,198 | −2,172 | -56.2 | 5% |
| 2019 | 157,415 | 180,700 | −23,285 | -51.0 | 5% |
| 2020 | 160,457 | 160,688 | −231 | -57.4 | 0% |
| 2021 | 176,792 | 251,249 | −74,457 | -40.3 | 3% |
| 2022 | 168,138 | 153,492 | 14,646 | -64.8 | 5% |
| 2023 | 182,580 | 181,572 | 1,008 | -54.7 | 5% |
In its most recent public year (2023), this organization brought in $1,008 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-54.7 months), down from -36.2 in 2011. Staff pay was 5% 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
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