New Heart Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 640,127 | 851,923 | −211,796 | 42.4 | 57% |
| 2012 | 822,914 | 864,778 | −41,864 | 41.2 | 58% |
| 2013 | 696,295 | 845,521 | −149,226 | 40.1 | 59% |
| 2014 | 636,050 | 766,835 | −130,785 | 42.1 | 56% |
| 2015 | 612,209 | 771,648 | −159,439 | 39.4 | 0% |
| 2016 | 681,331 | 716,316 | −34,985 | 41.8 | 57% |
| 2017 | 789,638 | 856,795 | −67,157 | 34.1 | 35% |
| 2018 | 1,180,502 | 878,691 | 301,811 | 37.2 | 37% |
| 2019 | 1,132,175 | 968,299 | 163,876 | 36.2 | 36% |
| 2020 | 1,015,995 | 934,013 | 81,982 | 38.8 | 39% |
| 2021 | 999,578 | 947,881 | 51,697 | 38.8 | 37% |
| 2022 | 1,109,299 | 1,224,840 | −115,541 | 28.4 | 30% |
In its most recent public year (2022), this organization spent $115,541 more than it brought in. Its reserves stood at about 28.4 months of spending, down from 42.4 in 2011. Staff pay was 30% 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
New Heart Inc's IRS filings as a feed — one entry per filing year, through 2022. 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