Refreshing Lives Church Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 255,931 | 236,288 | 19,643 | 34.5 | 28% |
| 2019 | 256,544 | 264,501 | −7,957 | 1.3 | 20% |
| 2020 | 234,174 | 300,813 | −66,639 | -1.6 | 27% |
| 2021 | 247,455 | 347,099 | −99,644 | -4.8 | 34% |
In its most recent public year (2021), this organization spent $99,644 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.8 months), down from 34.5 in 2018. Staff pay was 34% 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 2021. 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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