Heroic Hearts Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 952,065 | 901,415 | 50,650 | 0.7 | 4% |
| 2021 | 409,605 | 428,237 | −18,632 | 1.0 | 5% |
| 2022 | 3,655,375 | 3,184,770 | 470,605 | 1.9 | 2% |
| 2023 | 2,155,049 | 2,448,897 | −293,848 | 1.0 | 6% |
In its most recent public year (2023), this organization spent $293,848 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 6% of spending. $126,491 of its net assets are donor-restricted.
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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