Heartsent Adoptions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,124,191 | 958,764 | 165,427 | 2.3 | 44% |
| 2021 | 996,637 | 994,459 | 2,178 | 2.1 | 50% |
| 2022 | 815,408 | 886,476 | −71,068 | 1.5 | 54% |
| 2023 | 805,680 | 677,437 | 128,243 | 4.3 | 59% |
In its most recent public year (2023), this organization brought in $128,243 more than it spent. Its reserves stood at about 4.3 months of spending, up from 2.3 in 2020. Staff pay was 59% 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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