Faith Based Initiative Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 83,000 | 81,262 | 1,738 | 0.3 | — |
| 2016 | 83,110 | 80,280 | 2,830 | 0.7 | — |
| 2017 | 58,000 | 58,256 | −256 | 0.9 | — |
| 2018 | 63,000 | 63,447 | −447 | 0.7 | — |
| 2019 | 63,538 | 64,835 | −1,297 | 0.5 | — |
| 2020 | 135,868 | 117,918 | 17,950 | 2.1 | — |
| 2021 | 95,490 | 74,948 | 20,542 | 6.6 | — |
| 2022 | 79,665 | 99,965 | −20,300 | 2.5 | — |
In its most recent public year (2022), this organization spent $20,300 more than it brought in. Its reserves stood at about 2.5 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 2022. 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
Faith Based Initiative Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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