Indy Car Ministry Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 228,980 | 275,477 | −46,497 | 10.9 | 26% |
| 2012 | 225,038 | 286,761 | −61,723 | 8.1 | 24% |
| 2013 | 221,764 | 280,989 | −59,225 | 5.5 | 25% |
| 2014 | 217,059 | 270,918 | −53,859 | 3.3 | 28% |
| 2015 | 289,058 | 218,100 | 70,958 | 7.8 | 47% |
| 2016 | 177,126 | 145,384 | 31,742 | 14.4 | 39% |
| 2017 | 126,291 | 107,497 | 18,794 | 21.8 | 40% |
| 2018 | 104,302 | 100,408 | 3,894 | 23.0 | 34% |
| 2019 | 105,964 | 95,266 | 10,698 | 26.6 | — |
| 2020 | 78,576 | 88,412 | −9,836 | 28.8 | — |
| 2021 | 115,269 | 85,207 | 30,062 | 34.3 | — |
| 2022 | 119,429 | 131,652 | −12,223 | 19.5 | — |
| 2023 | 205,727 | 249,129 | −43,402 | -2.1 | 42% |
In its most recent public year (2023), this organization spent $43,402 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 10.9 in 2011. Staff pay was 42% 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
Indy Car Ministry Inc's IRS filings as a feed — one entry per filing year, through 2023. 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