Asap Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,850,723 | 1,656,541 | 194,182 | 3.0 | 11% |
| 2012 | 2,034,865 | 1,841,670 | 193,195 | 3.9 | 11% |
| 2013 | 1,704,740 | 1,784,377 | −79,637 | 3.5 | 11% |
| 2014 | 1,932,600 | 1,734,241 | 198,359 | 5.0 | 14% |
| 2015 | 2,214,952 | 1,728,100 | 486,852 | 8.4 | 15% |
| 2016 | 2,340,317 | 1,977,840 | 362,477 | 9.5 | 12% |
| 2017 | 2,430,520 | 2,207,626 | 222,894 | 9.8 | 16% |
| 2018 | 2,893,581 | 2,585,951 | 307,630 | 9.8 | 21% |
| 2019 | 2,850,633 | 2,840,285 | 10,348 | 9.0 | 22% |
| 2020 | 3,108,933 | 2,911,640 | 197,293 | 9.6 | 20% |
| 2021 | 5,034,484 | 3,466,932 | 1,567,552 | 13.5 | 18% |
| 2022 | 4,180,170 | 4,169,499 | 10,671 | 10.9 | 16% |
| 2023 | 3,469,521 | 4,238,698 | −769,177 | 8.7 | 20% |
In its most recent public year (2023), this organization spent $769,177 more than it brought in. Its reserves stood at about 8.7 months of spending, up from 3 in 2011. Staff pay was 20% of spending. $1,933,584 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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