Remnant University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,275,480 | 386,929 | 1,888,551 | 127.5 | 56% |
| 2021 | 528,108 | 323,460 | 204,648 | 160.1 | 68% |
| 2022 | 501,179 | 409,376 | 91,803 | 129.2 | 50% |
| 2023 | 357,713 | 4,754,732 | −4,397,019 | 0.0 | 2% |
In its most recent public year (2023), this organization spent $4,397,019 more than it brought in. Its reserves stood at about 0 months of spending, down from 127.5 in 2020. Staff pay was 2% 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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