Casting Nets Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,375 | 2,590 | 3,785 | 18.0 | — |
| 2012 | 45,005 | 48,511 | −3,506 | 0.1 | — |
| 2013 | 56,105 | 45,316 | 10,789 | 3.0 | — |
| 2014 | 156,924 | 156,675 | 249 | 0.9 | — |
| 2015 | 245,422 | 231,912 | 13,510 | 1.3 | 57% |
| 2016 | 347,103 | 359,822 | −12,719 | -0.0 | 52% |
| 2017 | 414,236 | 395,474 | 18,762 | 0.6 | 0% |
| 2018 | 454,772 | 422,711 | 32,061 | 1.4 | 0% |
| 2019 | 374,766 | 403,961 | −29,195 | 0.6 | 0% |
| 2020 | 268,452 | 259,403 | 9,049 | 1.4 | 0% |
| 2021 | 303,280 | 304,294 | −1,014 | 1.1 | 52% |
| 2022 | 399,979 | 415,198 | −15,219 | 0.4 | 36% |
| 2023 | 359,787 | 396,612 | −36,825 | -1.0 | 37% |
In its most recent public year (2023), this organization spent $36,825 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 18 in 2011. Staff pay was 37% 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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