Philip Jegede Evangelistic Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 194,488 | 85,311 | 109,177 | 17.3 | — |
| 2013 | 102,598 | 97,786 | 4,812 | 13.3 | — |
| 2014 | 349,500 | 153,860 | 195,640 | 21.6 | 14% |
| 2015 | 473,675 | 161,470 | 312,205 | 34.3 | 40% |
| 2016 | 75,493 | 163,282 | −87,789 | 10.5 | 17% |
| 2017 | 138,090 | 143,570 | −5,480 | 12.0 | 19% |
| 2018 | 127,192 | 133,058 | −5,866 | 2.8 | — |
| 2019 | 186,805 | 196,341 | −9,536 | 1.9 | — |
| 2020 | 188,164 | 186,782 | 1,382 | 1.1 | — |
| 2021 | 194,500 | 223,345 | −28,845 | -0.6 | — |
| 2022 | 169,800 | 207,547 | −37,747 | -2.1 | — |
In its most recent public year (2022), this organization spent $37,747 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 17.3 in 2012.
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 2022. 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
Philip Jegede Evangelistic Association's IRS filings as a feed — one entry per filing year, through 2022. 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