Heartstrong Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 228,303 | 211,315 | 16,988 | 2.6 | 79% |
| 2020 | 175,091 | 204,921 | −29,830 | 0.9 | — |
| 2021 | 238,745 | 246,667 | −7,922 | 0.4 | 69% |
| 2022 | 240,367 | 229,883 | 10,484 | 0.9 | 76% |
| 2023 | 262,999 | 284,880 | −21,881 | -0.2 | 61% |
In its most recent public year (2023), this organization spent $21,881 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months), down from 2.6 in 2019. Staff pay was 61% 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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