Bold City Church Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,954,817 | 1,804,509 | 150,308 | 16.7 | 31% |
| 2021 | 2,706,600 | 1,979,647 | 726,953 | 19.5 | 38% |
| 2022 | 2,490,119 | 2,138,238 | 351,881 | 20.3 | 34% |
| 2023 | 2,181,120 | 1,933,494 | 247,626 | 23.7 | 32% |
In its most recent public year (2023), this organization brought in $247,626 more than it spent. Its reserves stood at about 23.7 months of spending, up from 16.7 in 2020. Staff pay was 32% 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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