Paradise Bound Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 872,349 | 613,685 | 258,664 | 12.5 | 18% |
| 2011 | 616,068 | 659,858 | −43,790 | 10.9 | 22% |
| 2012 | 995,227 | 834,623 | 160,604 | 10.9 | 17% |
| 2013 | 1,108,957 | 832,491 | 276,466 | 16.0 | 20% |
| 2014 | 1,215,518 | 1,140,540 | 74,978 | 12.5 | 17% |
| 2015 | 1,380,019 | 1,148,332 | 231,687 | 14.8 | 25% |
| 2016 | 1,259,091 | 1,210,560 | 48,531 | 14.5 | 25% |
| 2017 | 1,425,963 | 1,502,360 | −76,397 | 11.1 | 22% |
| 2018 | 1,910,779 | 1,810,058 | 100,721 | 9.9 | 17% |
| 2019 | 2,375,245 | 1,836,104 | 539,141 | 13.3 | 20% |
| 2020 | 1,716,163 | 1,537,656 | 178,507 | 17.2 | 0% |
| 2021 | 1,817,807 | 1,422,426 | 395,381 | 22.0 | 0% |
| 2022 | 2,945,605 | 2,825,964 | 119,641 | 11.6 | 0% |
| 2023 | 2,438,761 | 2,090,963 | 347,798 | 17.6 | 0% |
In its most recent public year (2023), this organization brought in $347,798 more than it spent. Its reserves stood at about 17.6 months of spending, up from 12.5 in 2010. Staff pay was 0% of spending. $966,749 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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