Heartland Workforce Investment Boar
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,475,976 | 3,467,649 | 8,327 | -0.1 | 41% |
| 2021 | 3,676,206 | 3,668,619 | 7,587 | -0.1 | 40% |
| 2022 | 3,155,472 | 3,151,322 | 4,150 | -0.0 | 44% |
| 2023 | 3,340,992 | 3,341,286 | −294 | -0.0 | 41% |
In its most recent public year (2023), this organization spent $294 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 41% 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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