Golden Heart Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 9,444 | 7,179 | 2,265 | 3.8 | 0% |
| 2018 | 1,152,322 | 273,083 | 879,239 | 38.7 | 0% |
| 2019 | 954,111 | 187,032 | 767,079 | 105.8 | 13% |
| 2020 | 546,453 | 213,733 | 332,720 | 102.3 | 33% |
| 2021 | 200,757 | 352,775 | −152,018 | 76.4 | 51% |
| 2022 | 464,761 | 317,609 | 147,152 | 87.0 | 33% |
| 2023 | 256,875 | 992,355 | −735,480 | 16.1 | 44% |
In its most recent public year (2023), this organization spent $735,480 more than it brought in. Its reserves stood at about 16.1 months of spending, up from 3.8 in 2017. Staff pay was 44% 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
Golden Heart Fund'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