Interseminarian-Project Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,552,156 | 3,535,297 | 16,859 | 7.8 | 62% |
| 2021 | 3,776,150 | 3,438,193 | 337,957 | 9.3 | 62% |
| 2022 | 3,542,625 | 3,504,278 | 38,347 | 8.9 | 66% |
| 2023 | 3,589,880 | 3,969,521 | −379,641 | 6.7 | 68% |
In its most recent public year (2023), this organization spent $379,641 more than it brought in. Its reserves stood at about 6.7 months of spending, down from 7.8 in 2020. Staff pay was 68% of spending. $489,499 of its net assets are donor-restricted.
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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