Connected Hearts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 71,754 | 48,340 | 23,414 | 5.8 | — |
| 2020 | 52,818 | 52,953 | −135 | 5.3 | — |
| 2021 | 5,000 | 268 | 4,732 | 604.4 | — |
| 2022 | 37,000 | 17,496 | 19,504 | 22.6 | — |
| 2023 | 250,000 | 131,260 | 118,740 | 13.9 | 38% |
In its most recent public year (2023), this organization brought in $118,740 more than it spent. Its reserves stood at about 13.9 months of spending, up from 5.8 in 2019. Staff pay was 38% 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
Connected Hearts'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