Creative Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 282,095 | 265,764 | 16,331 | 8.6 | 11% |
| 2021 | 585,186 | 985,374 | −400,188 | -4.9 | 17% |
| 2022 | 847,782 | 1,072,558 | −224,776 | 5.3 | 20% |
| 2023 | 1,122,095 | 1,354,512 | −232,417 | 2.1 | 24% |
In its most recent public year (2023), this organization spent $232,417 more than it brought in. Its reserves stood at about 2.1 months of spending, down from 8.6 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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