Good Life Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 11,588 | 12,668 | −1,080 | 66.9 | — |
| 2022 | 6,966 | 5,752 | 1,214 | 149.9 | — |
| 2023 | 6,652 | 7,118 | −466 | 120.4 | — |
| 2024 | 4,977 | 5,923 | −946 | 142.7 | — |
In its most recent public year (2024), this organization spent $946 more than it brought in. Its reserves stood at about 142.7 months of spending, up from 66.9 in 2021.
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 2024. 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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