Bangor Christian Schools Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 57,849 | 49,546 | 8,303 | 51.1 | — |
| 2013 | 56,686 | 60,686 | −4,000 | 43.4 | — |
| 2014 | 56,908 | 69,004 | −12,096 | 40.5 | — |
| 2015 | 75,493 | 68,121 | 7,372 | 42.3 | — |
| 2016 | 71,419 | 71,882 | −463 | 40.3 | — |
| 2017 | 77,259 | 75,189 | 2,070 | 40.0 | — |
| 2018 | 103,196 | 73,529 | 29,667 | 46.4 | — |
| 2019 | 125,036 | 134,340 | −9,304 | 25.1 | — |
| 2020 | 93,223 | 77,067 | 16,156 | 46.9 | — |
| 2021 | 138,671 | 95,658 | 43,013 | 51.6 | 0% |
| 2022 | 151,636 | 78,302 | 73,334 | 92.5 | 0% |
| 2023 | 172,922 | 92,478 | 80,444 | 97.7 | 0% |
In its most recent public year (2023), this organization brought in $80,444 more than it spent. Its reserves stood at about 97.7 months of spending, up from 51.1 in 2012. Staff pay was 0% of spending. $205,383 of its net assets are donor-restricted.
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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