Boaz Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 621,071 | 582,366 | 38,705 | 2.0 | 25% |
| 2012 | 660,719 | 683,093 | −22,374 | 1.5 | 29% |
| 2013 | 440,910 | 421,873 | 19,037 | 3.0 | 39% |
| 2014 | 606,065 | 602,834 | 3,231 | 2.1 | 26% |
| 2015 | 452,775 | 438,717 | 14,058 | 3.3 | 42% |
| 2016 | 520,787 | 509,961 | 10,826 | 3.1 | 30% |
| 2017 | 431,097 | 470,066 | −38,969 | 2.4 | 31% |
| 2018 | 536,618 | 528,732 | 7,886 | 2.3 | 34% |
| 2019 | 695,101 | 570,588 | 124,513 | 4.8 | 33% |
| 2020 | 821,507 | 543,269 | 278,238 | 11.1 | 35% |
| 2021 | 877,861 | 648,325 | 229,536 | 13.6 | 25% |
| 2022 | 964,161 | 866,998 | 97,163 | 11.5 | 25% |
| 2023 | 1,199,462 | 1,225,914 | −26,452 | 7.9 | 23% |
In its most recent public year (2023), this organization spent $26,452 more than it brought in. Its reserves stood at about 7.9 months of spending, up from 2 in 2011. Staff pay was 23% of spending. $557,259 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 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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