Nicaragua Christian Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 392,495 | 341,825 | 50,670 | 9.9 | 0% |
| 2012 | 478,482 | 466,946 | 11,536 | 7.5 | 0% |
| 2013 | 443,687 | 516,840 | −73,153 | 5.1 | 0% |
| 2014 | 542,345 | 512,268 | 30,077 | 5.8 | 0% |
| 2015 | 487,740 | 452,331 | 35,409 | 7.5 | 0% |
| 2016 | 418,080 | 366,574 | 51,506 | 11.2 | 0% |
| 2017 | 462,617 | 453,285 | 9,332 | 9.3 | 0% |
| 2018 | 370,362 | 410,551 | −40,189 | 9.1 | 0% |
| 2019 | 381,152 | 354,269 | 26,883 | 11.5 | 3% |
| 2020 | 315,313 | 359,098 | −43,785 | 9.8 | 0% |
| 2021 | 391,078 | 236,650 | 154,428 | 22.7 | 0% |
| 2022 | 203,674 | 301,485 | −97,811 | 13.9 | 0% |
| 2023 | 60,133 | 108,640 | −48,507 | 33.2 | 0% |
In its most recent public year (2023), this organization spent $48,507 more than it brought in. Its reserves stood at about 33.2 months of spending, up from 9.9 in 2011. Staff pay was 0% 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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