Biblical Foundations Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 100,602 | 69,036 | 31,566 | 10.9 | — |
| 2012 | 152,614 | 110,316 | 42,298 | 11.3 | — |
| 2013 | 238,512 | 302,882 | −64,370 | 1.7 | 21% |
| 2014 | 253,526 | 241,357 | 12,169 | 2.7 | 26% |
| 2015 | 262,852 | 155,643 | 107,209 | 12.5 | 25% |
| 2016 | 178,558 | 148,816 | 29,742 | 15.4 | 48% |
| 2017 | 229,296 | 209,007 | 20,289 | 12.2 | 40% |
| 2018 | 161,186 | 195,182 | −33,996 | 10.9 | 43% |
| 2019 | 216,363 | 183,504 | 32,859 | 13.8 | 51% |
| 2020 | 309,004 | 230,586 | 78,418 | 16.2 | 49% |
| 2021 | 358,086 | 304,892 | 53,194 | 14.4 | 43% |
| 2022 | 373,372 | 305,568 | 67,804 | 17.0 | 45% |
| 2023 | 343,029 | 316,085 | 26,944 | 17.5 | 51% |
In its most recent public year (2023), this organization brought in $26,944 more than it spent. Its reserves stood at about 17.5 months of spending, up from 10.9 in 2011. Staff pay was 51% 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
Biblical Foundations Academy'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