Foundation Of The Heart 09-29-2000
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 841,090 | 1,038,246 | −197,156 | 119.9 | 22% |
| 2020 | 182,386 | 1,434,067 | −1,251,681 | 76.3 | 14% |
In its most recent public year (2020), this organization spent $1,251,681 more than it brought in. Its reserves stood at about 76.3 months of spending, down from 119.9 in 2019. Staff pay was 14% 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 2020. 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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