Heartland Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 28,281 | 102,767 | −74,486 | -8.7 | 84% |
| 2018 | 537,199 | 462,397 | 74,802 | 0.0 | 44% |
| 2019 | 1,028,433 | 912,598 | 115,835 | 1.5 | 55% |
| 2020 | 1,293,825 | 1,290,059 | 3,766 | 1.1 | 52% |
| 2021 | 1,609,588 | 1,517,165 | 92,423 | 1.7 | 52% |
| 2022 | 1,772,724 | 1,596,152 | 176,572 | 2.9 | 53% |
| 2023 | 1,686,153 | 1,878,116 | −191,963 | 1.3 | 47% |
In its most recent public year (2023), this organization spent $191,963 more than it brought in. Its reserves stood at about 1.3 months of spending, up from -8.7 in 2017. Staff pay was 47% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works