Seekers Point Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 66,356 | 33,712 | 32,644 | 18.5 | — |
| 2014 | 668,703 | 228,332 | 440,371 | 24.5 | 19% |
| 2015 | 485,515 | 617,766 | −132,251 | 6.5 | 31% |
| 2016 | 460,251 | 581,515 | −121,264 | 4.4 | 41% |
| 2017 | 486,173 | 615,780 | −129,607 | 1.6 | 39% |
| 2018 | 758,771 | 512,114 | 246,657 | 7.7 | 43% |
| 2019 | 428,160 | 514,545 | −86,385 | 5.7 | 39% |
| 2020 | 386,269 | 436,134 | −49,865 | 5.3 | 46% |
| 2021 | 479,314 | 515,633 | −36,319 | 3.7 | 46% |
| 2022 | 723,510 | 765,478 | −41,968 | 1.8 | 38% |
| 2023 | 1,144,436 | 967,832 | 176,604 | 3.6 | 31% |
In its most recent public year (2023), this organization brought in $176,604 more than it spent. Its reserves stood at about 3.6 months of spending, down from 18.5 in 2012. Staff pay was 31% 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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