First Word Ministries Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,929 | 53,192 | 9,737 | 6.7 | — |
| 2012 | 68,024 | 66,981 | 1,043 | 5.5 | — |
| 2013 | 82,853 | 81,233 | 1,620 | 4.8 | — |
| 2014 | 87,084 | 89,748 | −2,664 | 4.0 | — |
| 2015 | 88,372 | 86,774 | 1,598 | 4.3 | — |
| 2016 | 76,334 | 75,487 | 847 | 5.1 | — |
| 2017 | 50,669 | 53,317 | −2,648 | 6.6 | — |
| 2018 | 50,061 | 47,099 | 2,962 | 8.2 | — |
| 2019 | 118,659 | 29,971 | 88,688 | 48.5 | — |
| 2020 | 20,800 | 31,816 | −11,016 | 41.4 | — |
| 2021 | 32,594 | 32,921 | −327 | 39.9 | — |
| 2022 | 21,694 | 62,288 | −40,594 | 13.3 | — |
| 2023 | 28,127 | 62,023 | −33,896 | 6.7 | — |
In its most recent public year (2023), this organization spent $33,896 more than it brought in. Its reserves stood at about 6.7 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
First 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