Foster Hearts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 76,725 | 56,619 | 20,106 | 4.7 | — |
| 2021 | 333,490 | 271,227 | 62,263 | 3.7 | 0% |
| 2022 | 610,954 | 595,506 | 15,448 | 2.0 | 10% |
| 2023 | 251,319 | 320,081 | −68,762 | 2.3 | 24% |
In its most recent public year (2023), this organization spent $68,762 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 4.7 in 2020. Staff pay was 24% 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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