Seg-Way Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 284,789 | 328,320 | −43,531 | 1.4 | 32% |
| 2011 | 271,648 | 338,961 | −67,313 | -1.0 | 32% |
| 2012 | 271,254 | 288,223 | −16,969 | -1.9 | 37% |
| 2013 | 384,679 | 397,009 | −12,330 | -1.7 | 29% |
| 2014 | 295,592 | 328,013 | −32,421 | -3.3 | 37% |
| 2015 | 277,134 | 287,025 | −9,891 | -4.2 | 42% |
| 2016 | 257,285 | 295,673 | −38,388 | -5.6 | 44% |
| 2017 | 281,481 | 290,710 | −9,229 | -6.1 | 48% |
| 2018 | 284,853 | 325,282 | −40,429 | -6.9 | 52% |
| 2019 | 300,964 | 314,417 | −13,453 | -7.7 | 42% |
| 2020 | 179,605 | 191,220 | −11,615 | -13.3 | 43% |
| 2021 | 219,829 | 198,002 | 21,827 | -11.6 | 33% |
| 2022 | 245,322 | 233,080 | 12,242 | -9.2 | 58% |
| 2023 | 261,812 | 275,047 | −13,235 | -8.4 | 54% |
In its most recent public year (2023), this organization spent $13,235 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-8.4 months), down from 1.4 in 2010. Staff pay was 54% 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
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