Sunshine Bible Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,186,199 | 1,306,922 | −120,723 | 3.2 | 1% |
| 2012 | 1,227,158 | 1,234,901 | −7,743 | 3.3 | 1% |
| 2013 | 874,295 | 684,739 | 189,556 | 9.9 | 1% |
| 2014 | 663,573 | 414,170 | 249,403 | 23.3 | 2% |
| 2015 | 734,468 | 423,231 | 311,237 | 31.9 | 2% |
| 2016 | 536,518 | 230,902 | 305,616 | 75.0 | 10% |
| 2017 | 610,696 | 362,217 | 248,479 | 56.0 | 9% |
| 2018 | 466,072 | 1,295,692 | −829,620 | 8.1 | 3% |
| 2019 | 310,496 | 381,122 | −70,626 | 25.3 | 2% |
| 2020 | 284,344 | 174,216 | 110,128 | 63.5 | 0% |
| 2021 | 380,267 | 208,937 | 171,330 | 64.4 | 0% |
| 2022 | 187,315 | 183,656 | 3,659 | 62.7 | 0% |
| 2023 | 231,592 | 185,075 | 46,517 | 72.0 | 0% |
In its most recent public year (2023), this organization brought in $46,517 more than it spent. Its reserves stood at about 72 months of spending, up from 3.2 in 2011. Staff pay was 0% of spending. $934,092 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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