Samuel Onuoha Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 462,742 | 599,708 | −136,966 | -0.8 | 0% |
| 2019 | 320,142 | 301,548 | 18,594 | -0.9 | 0% |
| 2021 | 185,577 | 350,961 | −165,384 | -5.6 | 0% |
| 2022 | 653,624 | 556,395 | 97,229 | -1.5 | 0% |
In its most recent public year (2022), this organization brought in $97,229 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.5 months). 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 2022. 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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