Apostolic Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 34,753 | 37,325 | −2,572 | -1.6 | 0% |
| 2019 | 46,695 | 44,414 | 2,281 | -0.7 | 0% |
| 2020 | 38,172 | 38,224 | −52 | -0.9 | 0% |
| 2021 | 30,733 | 29,159 | 1,574 | -0.5 | 0% |
| 2022 | 58,153 | 68,702 | −10,549 | -2.1 | 0% |
| 2023 | 53,583 | 49,906 | 3,677 | -2.0 | 0% |
In its most recent public year (2023), this organization brought in $3,677 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-2 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 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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