Faith Flip
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 125,428 | 123,159 | 2,269 | 1.2 | — |
| 2020 | 89,993 | 94,238 | −4,245 | 1.0 | — |
| 2021 | 95,932 | 97,374 | −1,442 | 0.8 | — |
| 2022 | 108,885 | 107,338 | 1,547 | 0.9 | — |
| 2023 | 94,205 | 85,502 | 8,703 | 2.4 | 5% |
In its most recent public year (2023), this organization brought in $8,703 more than it spent. Its reserves stood at about 2.4 months of spending, up from 1.2 in 2019. Staff pay was 5% 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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