Heart Of Minnesota Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 167,868 | 11,068 | 156,800 | 170.0 | — |
| 2022 | 19,727 | 14,589 | 5,138 | 133.8 | — |
| 2023 | 16,276 | 14,357 | 1,919 | 137.5 | — |
In its most recent public year (2023), this organization brought in $1,919 more than it spent. Its reserves stood at about 137.5 months of spending, down from 170 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 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
Heart Of Minnesota Ministries's IRS filings as a feed — one entry per filing year, through 2023. 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