Primitive Methodist Investment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 1,692 | 355,796 | −354,104 | -51.2 | 8% |
| 2023 | 278,404 | 575,176 | −296,772 | -14.7 | 5% |
In its most recent public year (2023), this organization spent $296,772 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-14.7 months), up from -51.2 in 2022. Staff pay was 5% of spending. $124,240 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
Primitive Methodist Investment Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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