Summit Lake Bible Conference Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,162,486 | 1,052,668 | 109,818 | 60.4 | 0% |
| 2012 | 907,255 | 928,464 | −21,209 | 68.2 | 35% |
| 2013 | 1,002,811 | 998,394 | 4,417 | 63.5 | 35% |
| 2014 | 958,526 | 960,090 | −1,564 | 65.6 | 36% |
| 2015 | 909,792 | 921,862 | −12,070 | 68.1 | 37% |
| 2016 | 1,008,254 | 977,785 | 30,469 | 64.6 | 35% |
| 2017 | 763,047 | 833,863 | −70,816 | 74.1 | 41% |
| 2018 | 825,047 | 873,110 | −48,063 | 70.1 | 40% |
| 2019 | 793,458 | 1,006,805 | −213,347 | 58.2 | 34% |
| 2020 | 156,830 | 487,599 | −330,769 | 112.1 | 48% |
| 2021 | 296,673 | 651,458 | −354,785 | 77.4 | 34% |
| 2022 | 525,037 | 4,192,994 | −3,667,957 | 1.5 | 6% |
| 2023 | 515,827 | 700,277 | −184,450 | 6.0 | 34% |
In its most recent public year (2023), this organization spent $184,450 more than it brought in. Its reserves stood at about 6 months of spending, down from 60.4 in 2011. Staff pay was 34% 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
Summit Lake Bible Conference Inc'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