Concordia Theological Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 380,196 | 84,898 | 295,298 | 474.6 | 0% |
| 2013 | 456,421 | 116,551 | 339,870 | 96.1 | 0% |
| 2014 | 227,980 | 170,432 | 57,548 | 310.5 | 0% |
| 2015 | 229,478 | 181,425 | 48,053 | 288.4 | 0% |
| 2016 | 218,813 | 196,665 | 22,148 | 275.8 | 0% |
| 2017 | 422,473 | 196,579 | 225,894 | 303.3 | 0% |
| 2018 | 234,583 | 208,850 | 25,733 | 293.7 | 0% |
| 2019 | 1,054,400 | 239,294 | 815,106 | 306.0 | 0% |
| 2020 | 525,168 | 225,202 | 299,966 | 342.3 | 0% |
| 2021 | 348,902 | 279,111 | 69,791 | 333.4 | 0% |
| 2022 | 453,337 | 296,120 | 157,217 | 281.2 | 0% |
| 2023 | 385,854 | 273,373 | 112,481 | 318.7 | 0% |
| 2024 | 387,041 | 288,636 | 98,405 | 330.3 | 0% |
In its most recent public year (2024), this organization brought in $98,405 more than it spent. Its reserves stood at about 330.3 months of spending, down from 474.6 in 2012. Staff pay was 0% of spending. $1,422,505 of its net assets are donor-restricted.
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 2024. 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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