Word Of Life Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,081,640 | 29,949,940 | −5,868,300 | 6.0 | 0% |
| 2021 | 32,657,621 | 18,766,274 | 13,891,347 | 18.7 | 0% |
| 2022 | 11,873,124 | 20,052,852 | −8,179,728 | 11.8 | 0% |
| 2023 | 24,510,604 | 17,291,989 | 7,218,615 | 19.4 | 0% |
In its most recent public year (2023), this organization brought in $7,218,615 more than it spent. Its reserves stood at about 19.4 months of spending, up from 6 in 2020. Staff pay was 0% 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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