Heartwork Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 102,029 | 101,462 | 567 | 0.4 | — |
| 2022 | 81,394 | 83,907 | −2,513 | -5.6 | — |
| 2023 | 96,923 | 84,712 | 12,211 | -4.1 | — |
In its most recent public year (2023), this organization brought in $12,211 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.1 months), down from 0.4 in 2021.
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
Heartwork Foundation'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