Primera Iglesia Bautista
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 78,879 | 18,450 | 60,429 | 283.5 | — |
| 2021 | 105,984 | 33,528 | 72,456 | 182.0 | 0% |
| 2022 | 117,332 | 50,944 | 66,388 | 194.3 | 0% |
| 2023 | 108,203 | 101,384 | 6,819 | 98.4 | 55% |
In its most recent public year (2023), this organization brought in $6,819 more than it spent. Its reserves stood at about 98.4 months of spending, down from 283.5 in 2020. Staff pay was 55% 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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