Far Reaching Ministries Aviation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 363,216 | 304,127 | 59,089 | 111.9 | 37% |
| 2021 | 348,917 | 296,003 | 52,914 | 117.2 | 31% |
| 2022 | 330,923 | 299,803 | 31,120 | 116.9 | 10% |
| 2023 | 2,379,343 | 340,665 | 2,038,678 | 174.7 | 29% |
In its most recent public year (2023), this organization brought in $2,038,678 more than it spent. Its reserves stood at about 174.7 months of spending, up from 111.9 in 2020. Staff pay was 29% of spending. $2,017,744 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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