Ogunwumi Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,387 | 8,598 | −4,211 | 2.6 | — |
| 2013 | 5,250 | 8,458 | −3,208 | 0.0 | — |
| 2014 | 4,387 | 8,598 | −4,211 | 0.3 | — |
| 2015 | 7,526 | 8,844 | −1,318 | 1.8 | — |
| 2016 | 1,300 | 3,944 | −2,644 | 4.0 | — |
| 2017 | 2,150 | 3,585 | −1,435 | 1.5 | — |
| 2018 | 4,500 | 6,375 | −1,875 | 3.0 | — |
| 2019 | 4,000 | 4,542 | −542 | 1.5 | — |
| 2020 | 4,528 | 4,570 | −42 | 1.0 | — |
| 2021 | 5,531 | 5,530 | 1 | 0.8 | — |
| 2022 | 4,800 | 5,438 | −638 | -0.6 | — |
| 2023 | 4,000 | 4,264 | −264 | -0.7 | — |
In its most recent public year (2023), this organization spent $264 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 2.6 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 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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