Society For Promoting Theological Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 124,844 | 96,104 | 28,740 | 348.8 | 0% |
| 2013 | 162,106 | 97,733 | 64,373 | 350.9 | 0% |
| 2014 | 751,219 | 99,195 | 652,024 | 424.6 | 0% |
| 2022 | 154,303 | 189,374 | −35,071 | 296.9 | 0% |
| 2023 | 90,619 | 188,080 | −97,461 | 269.0 | 0% |
In its most recent public year (2023), this organization spent $97,461 more than it brought in. Its reserves stood at about 269 months of spending, down from 348.8 in 2012. 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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