Northeastern Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,651,093 | 1,738,739 | −87,646 | 27.9 | 41% |
| 2012 | 1,954,088 | 1,841,187 | 112,901 | 26.6 | 48% |
| 2013 | 1,964,148 | 1,812,183 | 151,965 | 30.0 | 45% |
| 2014 | 2,151,808 | 1,809,685 | 342,123 | 34.6 | 45% |
| 2015 | 2,191,898 | 1,787,462 | 404,436 | 37.5 | 47% |
| 2016 | 1,511,468 | 1,735,840 | −224,372 | 36.6 | 51% |
| 2017 | 1,234,484 | 1,801,301 | −566,817 | 33.6 | 49% |
| 2018 | 2,579,382 | 2,023,165 | 556,217 | 34.5 | 51% |
| 2019 | 2,154,299 | 2,069,720 | 84,579 | 35.8 | 52% |
| 2020 | 1,923,624 | 1,899,839 | 23,785 | 39.6 | 55% |
| 2021 | 2,030,516 | 2,103,324 | −72,808 | 40.8 | 52% |
| 2022 | 2,428,669 | 2,409,107 | 19,562 | 33.8 | 42% |
| 2023 | 3,063,769 | 2,733,427 | 330,342 | 31.5 | 40% |
In its most recent public year (2023), this organization brought in $330,342 more than it spent. Its reserves stood at about 31.5 months of spending, up from 27.9 in 2011. Staff pay was 40% of spending. $6,191,148 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
Northeastern Seminary'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