Transform African Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 118,405 | 63,038 | 55,367 | 15.7 | — |
| 2014 | 238,196 | 123,778 | 114,418 | 19.1 | 22% |
| 2015 | 121,974 | 112,939 | 9,035 | 21.9 | — |
| 2016 | 153,021 | 133,081 | 19,940 | 20.4 | — |
| 2017 | 174,356 | 137,386 | 36,970 | 21.1 | — |
| 2018 | 358,956 | 357,128 | 1,828 | 1.4 | 17% |
| 2019 | 159,111 | 152,542 | 6,569 | 3.8 | — |
| 2020 | 310,081 | 243,234 | 66,847 | 5.7 | 0% |
| 2021 | 227,054 | 275,794 | −48,740 | 2.9 | 0% |
| 2022 | 149,840 | 183,969 | −34,129 | 2.1 | — |
| 2023 | 109,193 | 117,899 | −8,706 | 2.4 | — |
In its most recent public year (2023), this organization spent $8,706 more than it brought in. Its reserves stood at about 2.4 months of spending, down from 15.7 in 2013.
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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