Heroes 1st
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 3,250 | 2,720 | 530 | 0.3 | — |
| 2022 | 2,728 | 1,496 | 1,232 | 13.9 | — |
In its most recent public year (2022), this organization brought in $1,232 more than it spent. Its reserves stood at about 13.9 months of spending, up from 0.3 in 2021.
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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