Heartbeats For Patches Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 73,219 | 66,500 | 6,719 | 1.2 | 0% |
| 2019 | 57,697 | 41,521 | 16,176 | 6.6 | — |
| 2020 | 76,691 | 64,289 | 12,402 | 7.1 | — |
| 2021 | 147,748 | 148,746 | −998 | 3.0 | — |
| 2022 | 168,756 | 168,961 | −205 | 2.6 | — |
| 2023 | 183,292 | 187,212 | −3,920 | 2.1 | 0% |
In its most recent public year (2023), this organization spent $3,920 more than it brought in. Its reserves stood at about 2.1 months of spending. Staff pay was 0% 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
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