Connect Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 747,884 | 734,616 | 13,268 | 0.3 | 23% |
| 2012 | 1,212,428 | 1,210,750 | 1,678 | 0.2 | 37% |
| 2013 | 1,502,470 | 1,361,842 | 140,628 | 1.4 | 40% |
| 2014 | 1,590,769 | 1,597,771 | −7,002 | 1.3 | 38% |
| 2015 | 1,823,431 | 1,864,778 | −41,347 | 0.7 | 39% |
| 2016 | 1,938,778 | 1,762,635 | 176,143 | 2.0 | 43% |
| 2017 | 1,673,932 | 1,400,488 | 273,444 | 4.8 | 12% |
| 2018 | 1,793,442 | 1,534,534 | 258,908 | 6.4 | 52% |
| 2019 | 2,437,060 | 2,038,260 | 398,800 | 7.2 | 54% |
| 2020 | 2,122,198 | 2,197,571 | −75,373 | 6.2 | 45% |
| 2021 | 3,675,652 | 2,855,906 | 819,746 | 8.3 | 40% |
| 2022 | 3,788,038 | 3,597,056 | 190,982 | 7.2 | 36% |
In its most recent public year (2022), this organization brought in $190,982 more than it spent. Its reserves stood at about 7.2 months of spending, up from 0.3 in 2011. Staff pay was 36% 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
Connect Ministries Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works