Indiana Baptist College Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 441,771 | 415,709 | 26,062 | 97.3 | 24% |
| 2019 | 424,889 | 427,067 | −2,178 | 94.7 | 24% |
| 2020 | 506,214 | 436,319 | 69,895 | 94.6 | 25% |
| 2021 | 470,545 | 456,572 | 13,973 | 90.8 | 23% |
| 2022 | 592,613 | 603,222 | −10,609 | 68.5 | 23% |
| 2023 | 547,763 | 553,108 | −5,345 | 74.6 | 28% |
In its most recent public year (2023), this organization spent $5,345 more than it brought in. Its reserves stood at about 74.6 months of spending, down from 97.3 in 2018. Staff pay was 28% 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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