Heathmere Center For Cultural Engagement Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 25,000 | 45,602 | −20,602 | 0.7 | — |
| 2021 | 53,165 | 44,246 | 8,919 | 3.1 | — |
| 2022 | 42,530 | 45,427 | −2,897 | 2.3 | — |
| 2023 | 109,998 | 61,113 | 48,885 | 11.3 | — |
In its most recent public year (2023), this organization brought in $48,885 more than it spent. Its reserves stood at about 11.3 months of spending, up from 0.7 in 2020.
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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