Heart Valve Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 574,604 | 455,125 | 119,479 | 3.2 | 0% |
| 2011 | 122,099 | 145,830 | −23,731 | 21.7 | 0% |
| 2012 | 676,989 | 591,414 | 85,575 | 3.7 | 0% |
| 2013 | 146,211 | 185,950 | −39,739 | 9.3 | — |
| 2014 | 501,660 | 476,792 | 24,868 | 4.4 | 0% |
| 2015 | 641,124 | 585,111 | 56,013 | 4.7 | 0% |
| 2016 | 755,076 | 579,625 | 175,451 | 8.4 | 0% |
| 2017 | 467,183 | 566,517 | −99,334 | 6.5 | 0% |
| 2018 | 746,517 | 817,366 | −70,849 | 3.5 | 0% |
| 2019 | 452,675 | 471,747 | −19,072 | 5.5 | 0% |
| 2020 | 377,069 | 399,790 | −22,721 | 5.8 | 0% |
| 2021 | 143,150 | 206,929 | −63,779 | 7.6 | 0% |
| 2022 | 715,419 | 541,884 | 173,535 | 7.7 | 0% |
| 2023 | 548,531 | 543,687 | 4,844 | 7.8 | 0% |
In its most recent public year (2023), this organization brought in $4,844 more than it spent. Its reserves stood at about 7.8 months of spending, up from 3.2 in 2010. Staff pay was 0% of spending. $142,104 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
Heart Valve Society'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