Nicaragua Advances In Christian Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 242,111 | 216,900 | 25,211 | 2.7 | 20% |
| 2015 | 194,645 | 161,388 | 33,257 | 6.0 | — |
| 2016 | 261,971 | 155,032 | 106,939 | 14.6 | 32% |
| 2017 | 254,500 | 155,560 | 98,940 | 22.1 | 31% |
| 2018 | 192,684 | 166,915 | 25,769 | 22.5 | — |
| 2019 | 236,580 | 269,999 | −33,419 | 12.4 | 18% |
| 2020 | 215,370 | 159,952 | 55,418 | 25.1 | 26% |
| 2021 | 364,009 | 206,748 | 157,261 | 28.6 | 20% |
| 2022 | 253,595 | 181,651 | 71,944 | 37.3 | 22% |
| 2023 | 323,852 | 242,741 | 81,111 | 31.9 | 17% |
In its most recent public year (2023), this organization brought in $81,111 more than it spent. Its reserves stood at about 31.9 months of spending, up from 2.7 in 2014. Staff pay was 17% 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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