Bankruptcy Seminars Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,100 | 15,441 | 4,659 | 9.0 | 0% |
| 2012 | 19,736 | 19,664 | 72 | 7.1 | 0% |
| 2013 | 28,695 | 30,588 | −1,893 | 3.8 | 0% |
| 2014 | 19,402 | 22,875 | −3,473 | 3.3 | 0% |
| 2015 | 24,481 | 22,942 | 1,539 | 4.1 | 0% |
| 2016 | 3,895 | 1,533 | 2,362 | 80.1 | 0% |
| 2017 | 1,983 | 763 | 1,220 | 180.2 | 0% |
| 2018 | 5,062 | 4,251 | 811 | 34.8 | 0% |
| 2019 | 11,605 | 7,641 | 3,964 | 0.0 | 0% |
| 2020 | 6,661 | 564 | 6,097 | 476.0 | — |
| 2021 | 0 | 2,183 | −2,183 | 111.0 | — |
| 2022 | 0 | 3,961 | −3,961 | 49.2 | — |
| 2023 | 0 | 3,148 | −3,148 | 49.9 | — |
In its most recent public year (2023), this organization spent $3,148 more than it brought in. Its reserves stood at about 49.9 months of spending, up from 9 in 2011.
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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