Opened Bible Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 351,380 | 286,582 | 64,798 | 3.9 | 9% |
| 2020 | 285,148 | 220,599 | 64,549 | 7.5 | 28% |
| 2021 | 159,551 | 140,189 | 19,362 | 13.5 | 44% |
| 2022 | 224,636 | 158,107 | 66,529 | 17.0 | 47% |
| 2023 | 147,364 | 170,581 | −23,217 | 14.1 | 42% |
In its most recent public year (2023), this organization spent $23,217 more than it brought in. Its reserves stood at about 14.1 months of spending, up from 3.9 in 2019. Staff pay was 42% 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
Opened Bible Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works