Seminary Covenant Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 129,815 | 95,535 | 34,280 | 12.3 | — |
| 2012 | 93,277 | 88,369 | 4,908 | 14.0 | — |
| 2013 | 134,749 | 103,056 | 31,693 | 15.7 | — |
| 2014 | 156,228 | 113,914 | 42,314 | 18.7 | — |
| 2015 | 339,944 | 279,918 | 60,026 | 10.2 | 9% |
| 2016 | 452,717 | 360,304 | 92,413 | 11.0 | 14% |
| 2017 | 1,206,977 | 387,388 | 819,589 | 35.6 | 18% |
| 2018 | 648,015 | 574,899 | 73,116 | 25.5 | 16% |
| 2019 | 709,249 | 798,226 | −88,977 | 17.0 | 20% |
| 2020 | 1,783,542 | 946,273 | 837,269 | 24.7 | 25% |
| 2021 | 926,046 | 1,138,139 | −212,093 | 18.3 | 17% |
| 2022 | 1,002,735 | 1,215,354 | −212,619 | 15.0 | 17% |
| 2023 | 1,009,684 | 1,106,749 | −97,065 | 16.0 | 7% |
In its most recent public year (2023), this organization spent $97,065 more than it brought in. Its reserves stood at about 16 months of spending, up from 12.3 in 2011. Staff pay was 7% 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
Seminary Covenant Community'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