Faith Sound Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 225,424 | 253,694 | −28,270 | 12.8 | 50% |
| 2011 | 216,684 | 241,924 | −25,240 | 12.2 | 49% |
| 2012 | 182,909 | 193,973 | −11,064 | 14.5 | 47% |
| 2013 | 207,053 | 208,672 | −1,619 | 13.4 | 48% |
| 2014 | 208,852 | 231,541 | −22,689 | 10.9 | 45% |
| 2015 | 184,065 | 192,110 | −8,045 | 12.6 | 49% |
| 2016 | 162,493 | 194,843 | −32,350 | 10.4 | 46% |
| 2017 | 177,856 | 181,464 | −3,608 | 10.9 | 40% |
| 2018 | 152,986 | 166,547 | −13,561 | 10.8 | 42% |
| 2019 | 145,874 | 171,348 | −25,474 | 8.8 | 42% |
| 2020 | 181,530 | 188,475 | −6,945 | 7.5 | 44% |
| 2021 | 174,491 | 170,634 | 3,857 | 8.5 | 47% |
| 2022 | 178,886 | 189,437 | −10,551 | 7.0 | 39% |
| 2023 | 190,225 | 195,530 | −5,305 | 6.5 | 33% |
In its most recent public year (2023), this organization spent $5,305 more than it brought in. Its reserves stood at about 6.5 months of spending, down from 12.8 in 2010. Staff pay was 33% 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
Faith Sound Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works