Society For The Advancement Of Ecclesial Theology
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 146,240 | 242,123 | −95,883 | 2.5 | 44% |
| 2019 | 479,249 | 481,028 | −1,779 | 1.2 | 59% |
| 2020 | 656,250 | 681,255 | −25,005 | 0.4 | 77% |
| 2021 | 327,426 | 363,519 | −36,093 | -0.4 | 78% |
| 2022 | 662,953 | 659,850 | 3,103 | 1.3 | 63% |
| 2023 | 580,549 | 843,938 | −263,389 | -2.7 | 46% |
In its most recent public year (2023), this organization spent $263,389 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.7 months), down from 2.5 in 2018. Staff pay was 46% 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
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