Heb Economic Development Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 80,145 | 77,550 | 2,595 | 17.0 | — |
| 2012 | 75,566 | 77,049 | −1,483 | 16.9 | — |
| 2013 | 80,063 | 70,590 | 9,473 | 20.0 | — |
| 2014 | 75,631 | 80,726 | −5,095 | 16.8 | — |
| 2015 | 85,051 | 79,387 | 5,664 | 17.9 | — |
| 2016 | 81,191 | 81,792 | −601 | 17.3 | — |
| 2017 | 80,042 | 77,835 | 2,207 | 18.5 | — |
| 2018 | 80,528 | 78,895 | 1,633 | 18.5 | — |
| 2019 | 80,252 | 75,481 | 4,771 | 20.1 | — |
| 2020 | 80,037 | 41,393 | 38,644 | 47.8 | — |
| 2021 | 80,036 | 33,654 | 46,382 | 75.4 | — |
| 2022 | 80,116 | 67,927 | 12,189 | 39.5 | — |
| 2023 | 40,991 | 78,116 | −37,125 | 28.6 | — |
In its most recent public year (2023), this organization spent $37,125 more than it brought in. Its reserves stood at about 28.6 months of spending, up from 17 in 2011.
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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