Peak Worship Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 59,298 | 63,248 | −3,950 | -0.7 | — |
| 2014 | 112,172 | 80,922 | 31,250 | 4.6 | — |
| 2015 | 125,558 | 128,256 | −2,698 | 2.7 | — |
| 2016 | 143,590 | 141,944 | 1,646 | 3.6 | — |
| 2017 | 182,685 | 142,588 | 40,097 | 8.2 | — |
| 2018 | 241,731 | 177,241 | 64,490 | 0.0 | 13% |
| 2019 | 182,441 | 158,039 | 24,402 | 1.9 | 20% |
| 2020 | 183,980 | 203,005 | −19,025 | 0.3 | 0% |
| 2021 | 0 | 0 | 0 | — | — |
| 2022 | 227,430 | 226,570 | 860 | 6.0 | 19% |
| 2023 | 225,619 | 241,055 | −15,436 | 13.1 | 20% |
In its most recent public year (2023), this organization spent $15,436 more than it brought in. Its reserves stood at about 13.1 months of spending, up from -0.7 in 2013. Staff pay was 20% 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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