Seven Hearts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 222,460 | 303 | 222,157 | 20748.6 | 0% |
| 2021 | 123,702 | 2,538 | 121,164 | 3222.8 | 0% |
| 2022 | 31,949 | 13,896 | 18,053 | 505.4 | 0% |
In its most recent public year (2022), this organization brought in $18,053 more than it spent. Its reserves stood at about 505.4 months of spending, down from 20748.6 in 2020. 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 2022. 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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