True Life Concepts Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 117,427 | 90,032 | 27,395 | 11.1 | — |
| 2019 | 122,383 | 111,080 | 11,303 | 10.2 | — |
| 2020 | 99,466 | 180,402 | −80,936 | 0.9 | — |
| 2021 | 100,604 | 154,551 | −53,947 | -3.1 | — |
| 2022 | 143,119 | 130,791 | 12,328 | -2.6 | — |
| 2023 | 141,246 | 118,421 | 22,825 | -1.4 | — |
In its most recent public year (2023), this organization brought in $22,825 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.4 months), down from 11.1 in 2018.
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
True Life Concepts Ministry's IRS filings as a feed — one entry per filing year, through 2023. 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