Operating record

Living Faith Broadcasting Inc

Bristol, VA · EIN 20-1680481 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$500$675−$17514143.40%
2021$500$800−$30011929.00%
2022$100$0$100
2023$0$1,125−$1,1258471.90%

In its most recent public year (2023), this organization spent $1,125 more than it brought in. Its reserves stood at about 8471.9 months of spending, down from 14143.4 in 2020. Staff pay was 0% 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 ↗