Mike Speck Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 336,994 | 238,939 | 98,055 | 28.6 | 14% |
| 2012 | 305,449 | 305,606 | −157 | 29.8 | 16% |
| 2013 | 328,724 | 163,624 | 165,100 | 46.4 | 28% |
| 2014 | 317,140 | 257,686 | 59,454 | 32.8 | 17% |
| 2015 | 232,658 | 213,137 | 19,521 | 41.8 | 20% |
| 2016 | 285,211 | 211,341 | 73,870 | 46.5 | 20% |
| 2017 | 136,195 | 237,388 | −101,193 | 36.2 | 0% |
| 2018 | 54,905 | 76,719 | −21,814 | 108.7 | 16% |
| 2019 | 101,502 | 85,089 | 16,413 | 106.9 | 16% |
| 2020 | 104,804 | 97,699 | 7,105 | 72.3 | 34% |
| 2021 | 96,268 | 72,474 | 23,794 | 187.7 | 49% |
| 2022 | 91,116 | 100,441 | −9,325 | 131.3 | 33% |
| 2023 | 123,896 | 124,045 | −149 | 108.9 | 23% |
In its most recent public year (2023), this organization spent $149 more than it brought in. Its reserves stood at about 108.9 months of spending, up from 28.6 in 2011. Staff pay was 23% 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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