Faith Center Property Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,000 | 102,523 | −92,523 | 95.8 | 0% |
| 2021 | 7 | 90,008 | −90,001 | 118.4 | 0% |
| 2022 | 29 | 63,108 | −63,079 | 233.9 | 0% |
| 2023 | 93 | 63,689 | −63,596 | 244.7 | 0% |
In its most recent public year (2023), this organization spent $63,596 more than it brought in. Its reserves stood at about 244.7 months of spending, up from 95.8 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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