Mount Olivet Lutheran Church Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 785,834 | 586,816 | 199,018 | 218.0 | 0% |
| 2012 | 374,648 | 512,741 | −138,093 | 127.0 | 0% |
| 2013 | 351,310 | 485,402 | −134,092 | 139.1 | 0% |
| 2014 | 249,247 | 269,669 | −20,422 | 259.1 | 0% |
| 2015 | 4,998,791 | 2,655,333 | 2,343,458 | 35.2 | 0% |
| 2016 | 502,056 | 806,427 | −304,371 | 109.3 | 0% |
| 2017 | 489,687 | 680,679 | −190,992 | 127.5 | 0% |
| 2018 | 609,061 | 1,629,589 | −1,020,528 | 43.3 | 0% |
| 2019 | 1,473,140 | 2,028,974 | −555,834 | 33.3 | 0% |
| 2020 | 1,583,028 | 1,816,762 | −233,734 | 37.5 | 0% |
| 2021 | 882,098 | 463,040 | 419,058 | 165.8 | 0% |
| 2022 | 5,799,070 | 495,791 | 5,303,279 | 250.0 | 0% |
| 2023 | 3,947,574 | 943,078 | 3,004,496 | 190.4 | 11% |
In its most recent public year (2023), this organization brought in $3,004,496 more than it spent. Its reserves stood at about 190.4 months of spending, down from 218 in 2011. Staff pay was 11% 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
Mount Olivet Lutheran Church Foundation'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