Abundant Life Worship Center Of Springfield Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 592,384 | 591,658 | 726 | 0.0 | 14% |
| 2020 | 399,852 | 542,185 | −142,333 | -3.2 | 19% |
| 2021 | 383,126 | 394,997 | −11,871 | 0.3 | 32% |
In its most recent public year (2021), this organization spent $11,871 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 32% 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 2021. 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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