Sunshine Bible Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,257,714 | 1,298,847 | −41,133 | 46.5 | 36% |
| 2021 | 1,255,862 | 1,399,336 | −143,474 | 41.9 | 40% |
| 2022 | 1,317,356 | 1,600,619 | −283,263 | 34.5 | 40% |
| 2023 | 1,812,415 | 1,601,556 | 210,859 | 36.9 | 41% |
In its most recent public year (2023), this organization brought in $210,859 more than it spent. Its reserves stood at about 36.9 months of spending, down from 46.5 in 2020. Staff pay was 41% of spending. $302,756 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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