Seeds Of Faith Preschool
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 245,341 | 259,145 | −13,804 | 4.4 | 42% |
| 2021 | 413,966 | 243,409 | 170,557 | 12.5 | 44% |
| 2022 | 371,243 | 300,681 | 70,562 | 14.0 | 42% |
| 2023 | 336,414 | 229,087 | 107,327 | 24.4 | 48% |
In its most recent public year (2023), this organization brought in $107,327 more than it spent. Its reserves stood at about 24.4 months of spending, up from 4.4 in 2020. Staff pay was 48% 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
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