Halos And Hearts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 883,655 | 854,645 | 29,010 | 0.4 | 0% |
| 2021 | 76,952 | 33,042 | 43,910 | 28.2 | 0% |
| 2022 | 66,101 | 70,266 | −4,165 | 12.6 | 0% |
| 2023 | 93,125 | 45,651 | 47,474 | 31.8 | 0% |
In its most recent public year (2023), this organization brought in $47,474 more than it spent. Its reserves stood at about 31.8 months of spending, up from 0.4 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 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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