Sols Legacy Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 53,630 | 49,598 | 4,032 | 7.0 | — |
| 2020 | 59,326 | 46,943 | 12,383 | 12.0 | — |
| 2021 | 60,946 | 43,027 | 17,919 | 17.9 | — |
| 2022 | 57,507 | 51,550 | 5,957 | 16.4 | — |
| 2023 | 55,819 | 58,545 | −2,726 | 13.9 | — |
In its most recent public year (2023), this organization spent $2,726 more than it brought in. Its reserves stood at about 13.9 months of spending, up from 7 in 2019.
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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