Concordia Lutheran Ministriesfoundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 36,130,494 | 11,685,028 | 24,445,466 | 177.4 | 0% |
| 2020 | 24,283,286 | 12,984,550 | 11,298,736 | 163.8 | 0% |
| 2021 | 36,499,919 | 12,885,659 | 23,614,260 | 210.3 | 0% |
| 2022 | 34,450,790 | 13,346,572 | 21,104,218 | 182.9 | 0% |
| 2023 | 23,077,865 | 14,323,641 | 8,754,224 | 198.7 | 0% |
In its most recent public year (2023), this organization brought in $8,754,224 more than it spent. Its reserves stood at about 198.7 months of spending, up from 177.4 in 2019. Staff pay was 0% of spending. $14,173,011 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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