Sanborn Seminary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 63,992 | 33,788 | 30,204 | 479.6 | 0% |
| 2022 | 75,527 | 48,387 | 27,140 | 317.0 | 0% |
| 2023 | 62,361 | 36,964 | 25,397 | 455.9 | 0% |
In its most recent public year (2023), this organization brought in $25,397 more than it spent. Its reserves stood at about 455.9 months of spending, down from 479.6 in 2021. 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
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