William Cliff Heaton Jr Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,875 | 78,463 | −8,588 | 1.4 | — |
| 2021 | 72,313 | 70,606 | 1,707 | 1.8 | — |
| 2022 | 135,995 | 43,362 | 92,633 | 28.6 | — |
| 2023 | 67,396 | 42,074 | 25,322 | 36.7 | — |
In its most recent public year (2023), this organization brought in $25,322 more than it spent. Its reserves stood at about 36.7 months of spending, up from 1.4 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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