Serenity Baptist Church
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 43,561 | 41,880 | 1,681 | 0.5 | — |
| 2021 | 58,277 | 61,925 | −3,648 | 4.6 | — |
| 2022 | 34,846 | 56,914 | −22,068 | 0.4 | — |
| 2023 | 41,863 | 48,318 | −6,455 | 0.0 | — |
In its most recent public year (2023), this organization spent $6,455 more than it brought in. Its reserves stood at about 0 months 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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