True Word Training Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 91,663 | 81,416 | 10,247 | 24.1 | 0% |
| 2021 | 133,376 | 106,461 | 26,915 | 21.4 | — |
| 2022 | 120,229 | 108,144 | 12,085 | 22.4 | — |
| 2023 | 123,039 | 132,304 | −9,265 | 17.5 | — |
In its most recent public year (2023), this organization spent $9,265 more than it brought in. Its reserves stood at about 17.5 months of spending, down from 24.1 in 2020.
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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