Heartsong Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 30,000 | 26,072 | 3,928 | 1.8 | — |
| 2015 | 75,000 | 66,024 | 8,976 | 2.3 | — |
| 2016 | 60,376 | 70,131 | −9,755 | 0.5 | — |
| 2017 | 80,000 | 72,533 | 7,467 | 1.8 | — |
| 2018 | 76,717 | 77,210 | −493 | 1.6 | — |
| 2019 | 75,034 | 69,991 | 5,043 | 2.6 | — |
| 2020 | 72,172 | 81,007 | −8,835 | 0.9 | — |
| 2021 | 105,289 | 80,510 | 24,779 | 4.6 | — |
| 2022 | 73,837 | 82,495 | −8,658 | 3.3 | — |
| 2023 | 69,729 | 84,502 | −14,773 | 1.1 | — |
In its most recent public year (2023), this organization spent $14,773 more than it brought in. Its reserves stood at about 1.1 months 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
Heartsong Ministries'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