Loman Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 87,306 | 72,922 | 14,384 | 2.4 | 36% |
| 2012 | 85,731 | 85,623 | 108 | 2.0 | 45% |
| 2013 | 93,835 | 91,086 | 2,749 | 2.3 | 45% |
| 2014 | 98,262 | 102,169 | −3,907 | 1.6 | 38% |
| 2015 | 112,476 | 99,004 | 13,472 | 3.2 | 40% |
| 2016 | 104,959 | 101,336 | 3,623 | 3.5 | 41% |
| 2017 | 109,027 | 100,900 | 8,127 | 4.5 | 39% |
| 2018 | 129,501 | 118,860 | 10,641 | 4.9 | 38% |
| 2019 | 94,881 | 112,962 | −18,081 | 3.3 | 36% |
| 2020 | 126,675 | 92,932 | 33,743 | 8.3 | 45% |
| 2021 | 122,280 | 102,304 | 19,976 | 9.9 | 40% |
| 2022 | 116,282 | 105,618 | 10,664 | 10.8 | 46% |
| 2023 | 119,826 | 136,774 | −16,948 | 6.8 | 37% |
In its most recent public year (2023), this organization spent $16,948 more than it brought in. Its reserves stood at about 6.8 months of spending, up from 2.4 in 2011. Staff pay was 37% 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
Loman Ministries'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