Shine Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 132,959 | 215,415 | −82,456 | -15.2 | 27% |
| 2021 | 118,209 | 241,987 | −123,778 | -19.6 | 33% |
| 2022 | 422,836 | 452,421 | −29,585 | -11.3 | 19% |
| 2023 | 363,765 | 547,912 | −184,147 | -13.1 | 16% |
In its most recent public year (2023), this organization spent $184,147 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.1 months), up from -15.2 in 2020. Staff pay was 16% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works