Southeastern Free Will Baptist College Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,116,833 | 21,566 | 1,095,267 | 634.6 | 0% |
| 2021 | 25,429 | 5,384 | 20,045 | 2654.6 | 0% |
| 2022 | 92,256 | 3,282 | 88,974 | 4634.9 | 0% |
| 2023 | 43,359 | 1,041 | 42,318 | 15164.2 | 0% |
In its most recent public year (2023), this organization brought in $42,318 more than it spent. Its reserves stood at about 15164.2 months of spending, up from 634.6 in 2020. Staff pay was 0% of spending. $1,315,496 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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