Greathearts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 200,000 | 284 | 199,716 | 8438.7 | 0% |
| 2019 | 1,775,304 | 1,852,354 | −77,050 | 0.8 | 20% |
| 2022 | 9,688,596 | 5,991,098 | 3,697,498 | 9.8 | 7% |
| 2023 | 5,331,829 | 8,426,276 | −3,094,447 | 2.6 | 3% |
In its most recent public year (2023), this organization spent $3,094,447 more than it brought in. Its reserves stood at about 2.6 months of spending. Staff pay was 3% 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
Greathearts 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