Open Word Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 54,084 | 46,355 | 7,729 | 3.9 | — |
| 2016 | 110,613 | 99,789 | 10,824 | 3.1 | — |
| 2017 | 110,484 | 104,812 | 5,672 | 3.6 | — |
| 2018 | 149,046 | 163,574 | −14,528 | 1.3 | — |
| 2019 | 152,819 | 137,351 | 15,468 | 2.8 | — |
| 2020 | 144,667 | 123,053 | 21,614 | 5.3 | — |
| 2021 | 188,803 | 211,535 | −22,732 | 1.8 | — |
| 2022 | 156,210 | 114,405 | 41,805 | 7.7 | — |
| 2023 | 173,722 | 189,215 | −15,493 | 3.7 | — |
In its most recent public year (2023), this organization spent $15,493 more than it brought in. Its reserves stood at about 3.7 months 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
Open Word Ministries Inc'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